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$46,973$46,973$517,500
Remaining term (yrs)5.35.330.0
Secondary amount$0$470,527$0
Funding fee$0$0$0
Note rate7.000%7.000%7.400%
Blended rate7.850%7.759%7.640%
1st payment$870.39$870.39$3,583.07
2nd payment$0.00$3,038.82$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$92.67$92.67$103.50
HOA / mo$480.00$480.00$480.00
Total monthly$2,088.89$5,127.71$4,812.40
Cash to close$528,027$57,500$57,500