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$16,203$16,203$418,500
Remaining term (yrs)2.82.830.0
Secondary amount$0$402,297$0
Funding fee$0$0$0
Note rate6.930%6.930%7.320%
Blended rate7.780%7.751%7.560%
1st payment$512.63$512.63$2,874.80
2nd payment$0.00$2,598.17$0.00
Taxes / mo$387.50$387.50$387.50
Insurance / mo$166.67$166.67$166.67
MI / mo$54.97$54.97$83.70
HOA / mo$271.00$271.00$271.00
Total monthly$1,392.77$3,990.93$3,783.67
Cash to close$448,797$46,500$46,500