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$518,512$518,512$535,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$46,738$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.449%7.640%
1st payment$3,351.34$3,351.34$3,707.69
2nd payment$0.00$462.51$0.00
Taxes / mo$495.83$495.83$495.83
Insurance / mo$166.67$166.67$166.67
MI / mo$243.02$243.02$107.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,256.86$4,719.37$4,477.29
Cash to close$76,488$29,750$59,500