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$571,896$571,896$674,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$102,204$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.491%7.640%
1st payment$3,830.32$3,830.32$4,667.33
2nd payment$0.00$681.36$0.00
Taxes / mo$140.25$140.25$140.25
Insurance / mo$216.67$216.67$216.67
MI / mo$267.92$267.92$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,455.16$5,136.52$5,159.07
Cash to close$177,104$74,900$74,900