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$390,122$390,122$463,410
Remaining term (yrs)28.328.330.0
Secondary amount$0$73,288$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.653%7.640%
1st payment$2,600.23$2,600.23$3,208.56
2nd payment$0.00$549.66$0.00
Taxes / mo$232.58$232.58$232.58
Insurance / mo$166.67$166.67$166.67
MI / mo$181.88$181.88$92.68
HOA / mo$110.00$110.00$110.00
Total monthly$3,291.36$3,841.02$3,810.49
Cash to close$124,778$51,490$51,490