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$387,641$387,641$413,100
Remaining term (yrs)27.327.330.0
Secondary amount$0$25,459$0
Funding fee$0$0$0
Note rate6.250%6.250%7.400%
Blended rate6.800%6.936%7.640%
1st payment$2,465.25$2,465.25$2,860.22
2nd payment$0.00$190.94$0.00
Taxes / mo$166.50$166.50$166.50
Insurance / mo$166.67$166.67$166.67
MI / mo$183.51$183.51$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,981.92$3,172.87$3,276.01
Cash to close$71,359$45,900$45,900