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$586,506$586,506$697,500
Remaining term (yrs)26.026.030.0
Secondary amount$0$110,994$0
Funding fee$0$0$0
Note rate6.110%6.110%7.320%
Blended rate6.960%7.125%7.560%
1st payment$3,746.75$3,746.75$4,791.34
2nd payment$0.00$739.96$0.00
Taxes / mo$309.58$309.58$309.58
Insurance / mo$216.67$216.67$216.67
MI / mo$437.48$437.48$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$4,710.48$5,450.44$5,457.09
Cash to close$188,494$77,500$77,500