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$489,907$489,907$629,991
Remaining term (yrs)22.822.830.0
Secondary amount$0$140,084$0
Funding fee$0$0$0
Note rate6.990%6.990%7.400%
Blended rate7.540%7.642%7.640%
1st payment$3,578.12$3,578.12$4,361.93
2nd payment$0.00$933.89$0.00
Taxes / mo$594.83$594.83$594.83
Insurance / mo$166.67$166.67$166.67
MI / mo$232.24$232.24$126.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,571.87$5,505.76$5,249.43
Cash to close$210,083$69,999$69,999