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$18,325$18,325$463,500
Remaining term (yrs)23.823.830.0
Secondary amount$0$445,175$0
Funding fee$0$0$0
Note rate7.100%7.100%7.400%
Blended rate7.650%7.746%7.640%
1st payment$132.86$132.86$3,209.18
2nd payment$0.00$2,875.09$0.00
Taxes / mo$225.67$225.67$225.67
Insurance / mo$166.67$166.67$166.67
MI / mo$8.66$8.66$92.70
HOA / mo$2.42$2.42$2.42
Total monthly$536.27$3,411.36$3,696.63
Cash to close$496,675$51,500$51,500