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$301,336$301,336$317,700
Remaining term (yrs)28.328.330.0
Secondary amount$0$34,014$0
Funding fee$0$0$0
Note rate6.600%6.600%7.240%
Blended rate7.150%7.629%7.480%
1st payment$1,959.19$1,959.19$2,165.12
2nd payment$0.00$336.60$0.00
Taxes / mo$294.17$294.17$294.17
Insurance / mo$150.00$150.00$150.00
MI / mo$140.60$140.60$63.54
HOA / mo$151.00$151.00$151.00
Total monthly$2,694.96$3,031.56$2,823.83
Cash to close$51,664$17,650$35,300