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$404,589$404,589$530,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$125,511$0
Funding fee$0$0$0
Note rate6.280%6.280%7.400%
Blended rate6.830%7.107%7.640%
1st payment$2,608.18$2,608.18$3,670.31
2nd payment$0.00$836.74$0.00
Taxes / mo$490.83$490.83$490.83
Insurance / mo$166.67$166.67$166.67
MI / mo$193.54$193.54$106.02
HOA / mo$0.00$0.00$0.00
Total monthly$3,459.22$4,295.96$4,433.83
Cash to close$184,411$58,900$58,900