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$301,153$301,153$342,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$40,847$0
Funding fee$0$0$0
Note rate6.300%6.300%7.400%
Blended rate6.850%7.107%7.640%
1st payment$1,882.17$1,882.17$2,367.94
2nd payment$0.00$306.35$0.00
Taxes / mo$151.42$151.42$151.42
Insurance / mo$150.00$150.00$150.00
MI / mo$139.37$139.37$68.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,322.95$2,629.30$2,737.76
Cash to close$78,847$38,000$38,000