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$294,307$294,307$309,600
Remaining term (yrs)29.829.830.0
Secondary amount$0$32,493$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.683%7.640%
1st payment$1,894.91$1,894.91$2,143.61
2nd payment$0.00$321.54$0.00
Taxes / mo$168.67$168.67$168.67
Insurance / mo$150.00$150.00$150.00
MI / mo$135.01$135.01$61.92
HOA / mo$32.00$32.00$32.00
Total monthly$2,380.58$2,702.12$2,556.19
Cash to close$49,693$17,200$34,400