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$463,140$463,140$485,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$49,765$0
Funding fee$0$0$0
Note rate6.880%6.880%7.320%
Blended rate7.430%7.861%7.560%
1st payment$3,117.17$3,117.17$3,337.86
2nd payment$0.00$492.47$0.00
Taxes / mo$449.92$449.92$449.92
Insurance / mo$166.67$166.67$166.67
MI / mo$217.37$217.37$97.18
HOA / mo$25.00$25.00$25.00
Total monthly$3,976.13$4,468.60$4,076.63
Cash to close$76,760$26,995$53,990