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$501,983$501,983$675,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$173,017$0
Funding fee$0$0$0
Note rate6.950%6.950%7.400%
Blended rate7.500%7.628%7.640%
1st payment$3,378.87$3,378.87$4,673.56
2nd payment$0.00$1,153.45$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$233.95$233.95$135.00
HOA / mo$21.58$21.58$21.58
Total monthly$4,476.07$5,629.52$5,671.81
Cash to close$248,017$75,000$75,000