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$608,580$608,580$625,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$51,670$0
Funding fee$0$0$0
Note rate6.350%6.350%7.400%
Blended rate6.900%7.289%7.640%
1st payment$3,940.72$3,940.72$4,330.84
2nd payment$0.00$511.31$0.00
Taxes / mo$297.92$297.92$297.92
Insurance / mo$166.67$166.67$166.67
MI / mo$290.27$290.27$125.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,695.58$5,206.89$4,920.52
Cash to close$86,420$34,750$69,500