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$10,396$10,396$530,999
Remaining term (yrs)21.921.930.0
Secondary amount$0$520,603$0
Funding fee$0$0$0
Note rate6.730%6.730%7.320%
Blended rate7.280%7.741%7.560%
1st payment$75.57$75.57$3,647.60
2nd payment$0.00$3,362.23$0.00
Taxes / mo$727.17$727.17$727.17
Insurance / mo$166.67$166.67$166.67
MI / mo$4.94$4.94$106.20
HOA / mo$0.00$0.00$0.00
Total monthly$974.35$4,336.57$4,647.63
Cash to close$579,603$59,000$59,000