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$470,357$470,357$530,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$59,743$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.050%7.270%7.560%
1st payment$2,989.41$2,989.41$3,641.42
2nd payment$0.00$448.08$0.00
Taxes / mo$213.33$213.33$213.33
Insurance / mo$166.67$166.67$166.67
MI / mo$216.77$216.77$106.02
HOA / mo$57.00$57.00$57.00
Total monthly$3,643.18$4,091.26$4,184.44
Cash to close$118,643$58,900$58,900