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$544,157$544,157$701,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$156,943$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.180%7.364%7.640%
1st payment$3,585.19$3,585.19$4,854.27
2nd payment$0.00$1,046.29$0.00
Taxes / mo$649.17$649.17$649.17
Insurance / mo$216.67$216.67$216.67
MI / mo$256.49$256.49$140.22
HOA / mo$195.00$195.00$195.00
Total monthly$4,902.52$5,948.81$6,055.33
Cash to close$234,843$77,900$77,900