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$84,896$84,896$463,500
Remaining term (yrs)15.115.130.0
Secondary amount$0$378,604$0
Funding fee$0$0$0
Note rate4.500%4.500%7.400%
Blended rate5.350%7.310%7.640%
1st payment$641.99$641.99$3,209.18
2nd payment$0.00$2,445.15$0.00
Taxes / mo$429.17$429.17$429.17
Insurance / mo$166.67$166.67$166.67
MI / mo$89.75$89.75$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,327.57$3,772.73$3,897.71
Cash to close$430,104$51,500$51,500