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$14,298$14,298$522,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$507,702$0
Funding fee$0$0$0
Note rate6.890%6.890%7.320%
Blended rate7.440%7.742%7.560%
1st payment$99.20$99.20$3,585.78
2nd payment$0.00$3,278.91$0.00
Taxes / mo$483.33$483.33$483.33
Insurance / mo$166.67$166.67$166.67
MI / mo$6.68$6.68$104.40
HOA / mo$0.00$0.00$0.00
Total monthly$755.88$4,034.79$4,340.18
Cash to close$565,702$58,000$58,000