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$557,341$557,341$576,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$50,659$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.452%7.640%
1st payment$3,555.71$3,555.71$3,988.11
2nd payment$0.00$501.32$0.00
Taxes / mo$545.25$545.25$545.25
Insurance / mo$166.67$166.67$166.67
MI / mo$257.84$257.84$115.20
HOA / mo$125.00$125.00$125.00
Total monthly$4,650.46$5,151.78$4,940.22
Cash to close$82,659$32,000$64,000