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$422,679$422,679$432,000
Remaining term (yrs)27.327.330.0
Secondary amount$0$33,321$0
Funding fee$0$0$0
Note rate6.900%6.900%7.400%
Blended rate7.450%7.773%7.640%
1st payment$2,864.79$2,864.79$2,991.08
2nd payment$0.00$329.73$0.00
Taxes / mo$452.97$452.97$452.97
Insurance / mo$166.67$166.67$166.67
MI / mo$199.37$199.37$86.40
HOA / mo$0.00$0.00$0.00
Total monthly$3,683.79$4,013.52$3,697.12
Cash to close$57,321$24,000$48,000