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$557,000$557,000$629,999
Remaining term (yrs)27.427.430.0
Secondary amount$0$72,999$0
Funding fee$0$0$0
Note rate6.640%6.640%7.400%
Blended rate7.190%7.400%7.640%
1st payment$3,677.31$3,677.31$4,361.99
2nd payment$0.00$547.49$0.00
Taxes / mo$303.33$303.33$303.33
Insurance / mo$166.67$166.67$166.67
MI / mo$262.81$262.81$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,410.12$4,957.62$4,957.99
Cash to close$142,999$70,000$70,000