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$551,118$551,118$836,999
Remaining term (yrs)26.326.330.0
Secondary amount$0$285,882$0
Funding fee$0$0$0
Note rate6.360%6.360%7.320%
Blended rate7.210%7.197%7.560%
1st payment$3,593.58$3,593.58$5,749.60
2nd payment$0.00$1,846.32$0.00
Taxes / mo$775.00$775.00$775.00
Insurance / mo$216.67$216.67$216.67
MI / mo$264.42$264.42$167.40
HOA / mo$325.00$325.00$325.00
Total monthly$5,174.67$7,020.99$7,233.67
Cash to close$378,881$93,000$93,000