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$327,535$327,535$390,600
Remaining term (yrs)26.926.930.0
Secondary amount$0$63,065$0
Funding fee$0$0$0
Note rate7.230%7.230%7.400%
Blended rate7.780%7.977%7.640%
1st payment$2,299.88$2,299.88$2,704.44
2nd payment$0.00$472.98$0.00
Taxes / mo$174.17$174.17$174.17
Insurance / mo$150.00$150.00$150.00
MI / mo$154.83$154.83$78.12
HOA / mo$0.00$0.00$0.00
Total monthly$2,778.88$3,251.86$3,106.72
Cash to close$106,465$43,400$43,400