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$493,983$493,983$494,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$27,567$0
Funding fee$0$0$0
Note rate4.980%4.980%7.400%
Blended rate5.830%6.150%7.640%
1st payment$2,839.85$2,839.85$3,421.05
2nd payment$0.00$272.80$0.00
Taxes / mo$457.50$457.50$457.50
Insurance / mo$166.67$166.67$166.67
MI / mo$375.57$375.57$98.82
HOA / mo$150.00$150.00$150.00
Total monthly$3,989.59$4,262.39$4,294.04
Cash to close$55,017$27,450$54,900