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$587,688$587,688$624,591
Remaining term (yrs)29.429.430.0
Secondary amount$0$36,903$0
Funding fee$0$0$0
Note rate6.000%6.000%7.400%
Blended rate6.550%6.695%7.640%
1st payment$3,541.29$3,541.29$4,324.54
2nd payment$0.00$276.77$0.00
Taxes / mo$578.33$578.33$578.33
Insurance / mo$166.67$166.67$166.67
MI / mo$270.72$270.72$124.92
HOA / mo$0.00$0.00$0.00
Total monthly$4,557.00$4,833.77$5,194.45
Cash to close$106,302$69,399$69,399