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$419,293$419,293$468,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$48,707$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.567%7.640%
1st payment$2,808.25$2,808.25$3,240.34
2nd payment$0.00$365.31$0.00
Taxes / mo$153.56$153.56$153.56
Insurance / mo$166.67$166.67$166.67
MI / mo$196.43$196.43$93.60
HOA / mo$0.00$0.00$0.00
Total monthly$3,324.91$3,690.21$3,654.16
Cash to close$100,707$52,000$52,000