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$651,512$651,512$706,500
Remaining term (yrs)28.428.430.0
Secondary amount$0$54,988$0
Funding fee$0$0$0
Note rate6.890%6.890%7.400%
Blended rate7.440%7.561%7.640%
1st payment$4,351.39$4,351.39$4,891.66
2nd payment$0.00$412.41$0.00
Taxes / mo$654.17$654.17$654.17
Insurance / mo$216.67$216.67$216.67
MI / mo$303.13$303.13$141.30
HOA / mo$440.00$440.00$440.00
Total monthly$5,965.36$6,377.77$6,343.80
Cash to close$133,488$78,500$78,500