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$632,897$632,897$652,500
Remaining term (yrs)27.327.330.0
Secondary amount$0$55,853$0
Funding fee$0$0$0
Note rate6.820%6.820%7.320%
Blended rate7.370%7.735%7.560%
1st payment$4,256.61$4,256.61$4,482.22
2nd payment$0.00$552.72$0.00
Taxes / mo$604.17$604.17$604.17
Insurance / mo$216.67$216.67$216.67
MI / mo$298.65$298.65$130.50
HOA / mo$630.00$630.00$630.00
Total monthly$6,006.09$6,558.81$6,063.56
Cash to close$92,103$36,250$72,500