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$575,410$575,410$670,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$95,090$0
Funding fee$0$0$0
Note rate4.170%4.170%7.320%
Blended rate5.020%5.584%7.560%
1st payment$3,040.46$3,040.46$4,605.87
2nd payment$0.00$713.18$0.00
Taxes / mo$344.83$344.83$344.83
Insurance / mo$216.67$216.67$216.67
MI / mo$441.99$441.99$134.10
HOA / mo$56.00$56.00$56.00
Total monthly$4,099.95$4,813.12$5,357.47
Cash to close$169,590$74,500$74,500