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$997,100$997,100$1,165,500
Remaining term (yrs)28.128.130.0
Secondary amount$0$168,400$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.050%7.187%7.560%
1st payment$6,431.29$6,431.29$8,006.18
2nd payment$0.00$1,122.66$0.00
Taxes / mo$1,079.17$1,079.17$1,079.17
Insurance / mo$216.67$216.67$216.67
MI / mo$466.35$466.35$233.10
HOA / mo$349.00$349.00$349.00
Total monthly$8,542.48$9,665.14$9,884.11
Cash to close$297,900$129,500$129,500