Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$369,445$369,445$427,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$58,055$0
Funding fee$0$0$0
Note rate6.350%6.350%7.400%
Blended rate6.900%7.185%7.640%
1st payment$2,352.21$2,352.21$2,959.92
2nd payment$0.00$435.41$0.00
Taxes / mo$136.67$136.67$136.67
Insurance / mo$166.67$166.67$166.67
MI / mo$173.26$173.26$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,828.81$3,264.22$3,348.76
Cash to close$105,555$47,500$47,500