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$84,527$84,527$562,500
Remaining term (yrs)4.74.730.0
Secondary amount$0$477,973$0
Funding fee$0$0$0
Note rate7.240%7.240%7.320%
Blended rate8.090%7.801%7.560%
1st payment$1,731.54$1,731.54$3,863.98
2nd payment$0.00$3,086.91$0.00
Taxes / mo$296.08$296.08$296.08
Insurance / mo$166.67$166.67$166.67
MI / mo$179.97$179.97$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$2,374.27$5,461.17$4,439.23
Cash to close$540,473$62,500$62,500