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$17,883$17,883$557,910
Remaining term (yrs)1.91.930.0
Secondary amount$0$540,027$0
Funding fee$0$0$0
Note rate6.770%6.770%7.400%
Blended rate7.620%7.746%7.640%
1st payment$768.98$768.98$3,862.86
2nd payment$0.00$3,487.67$0.00
Taxes / mo$516.58$516.58$516.58
Insurance / mo$166.67$166.67$166.67
MI / mo$83.81$83.81$111.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,536.04$5,023.71$4,657.69
Cash to close$602,017$61,990$61,990