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$564,812$564,812$625,500
Remaining term (yrs)25.125.130.0
Secondary amount$0$60,688$0
Funding fee$0$0$0
Note rate2.770%2.770%7.400%
Blended rate3.620%4.142%7.640%
1st payment$2,593.40$2,593.40$4,330.84
2nd payment$0.00$455.16$0.00
Taxes / mo$579.17$579.17$579.17
Insurance / mo$166.67$166.67$166.67
MI / mo$448.81$448.81$125.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,788.04$4,243.20$5,201.77
Cash to close$130,188$69,500$69,500