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$58,268$58,268$495,000
Remaining term (yrs)24.924.930.0
Secondary amount$0$436,732$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.704%7.640%
1st payment$404.28$404.28$3,427.28
2nd payment$0.00$2,820.56$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$27.77$27.77$99.00
HOA / mo$135.00$135.00$135.00
Total monthly$1,192.06$4,012.61$4,286.28
Cash to close$491,732$55,000$55,000