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$15,616$15,616$539,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$523,484$0
Funding fee$0$0$0
Note rate6.660%6.660%7.400%
Blended rate7.210%7.734%7.640%
1st payment$106.06$106.06$3,732.62
2nd payment$0.00$3,380.83$0.00
Taxes / mo$480.17$480.17$480.17
Insurance / mo$166.67$166.67$166.67
MI / mo$7.39$7.39$107.82
HOA / mo$70.00$70.00$70.00
Total monthly$830.29$4,211.12$4,557.27
Cash to close$583,384$59,900$59,900