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$349,035$349,035$382,410
Remaining term (yrs)27.927.930.0
Secondary amount$0$33,375$0
Funding fee$0$0$0
Note rate6.350%6.350%7.400%
Blended rate6.900%7.083%7.640%
1st payment$2,222.27$2,222.27$2,647.73
2nd payment$0.00$250.31$0.00
Taxes / mo$183.42$183.42$183.42
Insurance / mo$150.00$150.00$150.00
MI / mo$163.69$163.69$76.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,719.37$2,969.68$3,057.63
Cash to close$75,865$42,490$42,490