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$83,088$83,088$499,500
Remaining term (yrs)12.712.730.0
Secondary amount$0$416,412$0
Funding fee$0$0$0
Note rate4.860%4.860%7.320%
Blended rate5.710%7.411%7.560%
1st payment$726.22$726.22$3,431.22
2nd payment$0.00$2,689.33$0.00
Taxes / mo$462.50$462.50$462.50
Insurance / mo$166.67$166.67$166.67
MI / mo$97.37$97.37$99.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,452.76$4,142.08$4,160.29
Cash to close$471,912$55,500$55,500