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$52,419$52,419$697,500
Remaining term (yrs)24.424.430.0
Secondary amount$0$645,081$0
Funding fee$0$0$0
Note rate6.600%6.600%7.400%
Blended rate7.150%7.705%7.640%
1st payment$360.10$360.10$4,829.35
2nd payment$0.00$4,166.15$0.00
Taxes / mo$645.83$645.83$645.83
Insurance / mo$216.67$216.67$216.67
MI / mo$24.59$24.59$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,247.19$5,413.33$5,831.35
Cash to close$722,581$77,500$77,500