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$398,776$398,776$486,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$87,224$0
Funding fee$0$0$0
Note rate6.920%6.920%7.400%
Blended rate7.470%7.745%7.640%
1st payment$2,689.14$2,689.14$3,364.97
2nd payment$0.00$654.18$0.00
Taxes / mo$417.67$417.67$417.67
Insurance / mo$166.67$166.67$166.67
MI / mo$186.76$186.76$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,460.23$4,114.42$4,046.50
Cash to close$141,224$54,000$54,000