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$495,004$495,004$719,100
Remaining term (yrs)28.928.930.0
Secondary amount$0$224,096$0
Funding fee$0$0$0
Note rate6.350%6.350%7.400%
Blended rate6.900%7.165%7.640%
1st payment$3,115.92$3,115.92$4,978.90
2nd payment$0.00$1,447.29$0.00
Taxes / mo$260.33$260.33$260.33
Insurance / mo$216.67$216.67$216.67
MI / mo$229.52$229.52$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,822.44$5,269.72$5,599.72
Cash to close$303,996$79,900$79,900