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$116,653$116,653$522,000
Remaining term (yrs)37.737.730.0
Secondary amount$0$405,347$0
Funding fee$0$0$0
Note rate7.030%7.030%7.400%
Blended rate7.580%7.712%7.640%
1st payment$735.24$735.24$3,614.22
2nd payment$0.00$2,617.87$0.00
Taxes / mo$483.33$483.33$483.33
Insurance / mo$166.67$166.67$166.67
MI / mo$54.04$54.04$104.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,439.28$4,057.14$4,368.62
Cash to close$463,347$58,000$58,000