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$515,006$515,006$584,010
Remaining term (yrs)29.529.530.0
Secondary amount$0$69,004$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.280%7.640%
1st payment$3,267.10$3,267.10$4,043.57
2nd payment$0.00$517.53$0.00
Taxes / mo$221.17$221.17$221.17
Insurance / mo$166.67$166.67$166.67
MI / mo$236.91$236.91$116.80
HOA / mo$100.00$100.00$100.00
Total monthly$3,991.84$4,509.37$4,648.20
Cash to close$133,894$64,890$64,890