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$474,544$474,544$517,500
Remaining term (yrs)28.228.230.0
Secondary amount$0$42,956$0
Funding fee$0$0$0
Note rate6.720%6.720%7.400%
Blended rate7.270%7.414%7.640%
1st payment$3,125.54$3,125.54$3,583.07
2nd payment$0.00$322.17$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$221.55$221.55$103.50
HOA / mo$155.00$155.00$155.00
Total monthly$4,147.92$4,470.09$4,487.40
Cash to close$100,456$57,500$57,500