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$484,508$484,508$639,000
Remaining term (yrs)26.526.530.0
Secondary amount$0$154,492$0
Funding fee$0$0$0
Note rate6.540%6.540%7.400%
Blended rate7.090%7.310%7.640%
1st payment$3,203.21$3,203.21$4,424.31
2nd payment$0.00$1,029.95$0.00
Taxes / mo$244.82$244.82$244.82
Insurance / mo$216.67$216.67$216.67
MI / mo$231.31$231.31$127.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,896.00$4,925.95$5,013.59
Cash to close$225,492$71,000$71,000