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$527,022$527,022$558,000
Remaining term (yrs)27.827.830.0
Secondary amount$0$30,978$0
Funding fee$0$0$0
Note rate6.920%6.920%7.320%
Blended rate7.470%7.555%7.560%
1st payment$3,557.44$3,557.44$3,833.07
2nd payment$0.00$232.34$0.00
Taxes / mo$516.67$516.67$516.67
Insurance / mo$166.67$166.67$166.67
MI / mo$247.07$247.07$111.60
HOA / mo$0.00$0.00$0.00
Total monthly$4,487.84$4,720.17$4,628.01
Cash to close$92,978$62,000$62,000