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$417,428$417,428$449,999
Remaining term (yrs)26.126.130.0
Secondary amount$0$32,571$0
Funding fee$0$0$0
Note rate6.660%6.660%7.400%
Blended rate7.510%7.618%7.640%
1st payment$2,807.89$2,807.89$3,115.70
2nd payment$0.00$244.28$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$309.50$309.50$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,700.72$3,945.00$3,789.04
Cash to close$82,571$50,000$50,000