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$505,869$505,869$571,491
Remaining term (yrs)26.926.930.0
Secondary amount$0$65,622$0
Funding fee$0$0$0
Note rate6.690%6.690%7.400%
Blended rate7.240%7.442%7.640%
1st payment$3,377.86$3,377.86$3,956.89
2nd payment$0.00$492.17$0.00
Taxes / mo$821.17$821.17$821.17
Insurance / mo$166.67$166.67$166.67
MI / mo$240.17$240.17$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,605.86$5,098.03$5,059.02
Cash to close$129,121$63,499$63,499