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$459,789$459,789$472,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$38,961$0
Funding fee$0$0$0
Note rate6.850%6.850%7.320%
Blended rate7.400%7.750%7.560%
1st payment$3,079.48$3,079.48$3,245.75
2nd payment$0.00$385.55$0.00
Taxes / mo$383.75$383.75$383.75
Insurance / mo$166.67$166.67$166.67
MI / mo$215.40$215.40$94.50
HOA / mo$75.00$75.00$75.00
Total monthly$3,920.30$4,305.85$3,965.66
Cash to close$65,211$26,250$52,500