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$603,662$603,662$625,410
Remaining term (yrs)27.927.930.0
Secondary amount$0$56,493$0
Funding fee$0$0$0
Note rate6.490%6.490%7.400%
Blended rate7.040%7.454%7.640%
1st payment$3,897.80$3,897.80$4,330.21
2nd payment$0.00$559.05$0.00
Taxes / mo$579.08$579.08$579.08
Insurance / mo$166.67$166.67$166.67
MI / mo$282.94$282.94$125.08
HOA / mo$0.00$0.00$0.00
Total monthly$4,926.49$5,485.54$5,201.04
Cash to close$91,238$34,745$69,490