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$249,606$249,606$773,100
Remaining term (yrs)12.112.130.0
Secondary amount$0$523,494$0
Funding fee$0$0$0
Note rate6.460%6.460%7.400%
Blended rate7.310%7.608%7.640%
1st payment$2,461.90$2,461.90$5,352.79
2nd payment$0.00$3,380.90$0.00
Taxes / mo$715.83$715.83$715.83
Insurance / mo$216.67$216.67$216.67
MI / mo$277.05$277.05$154.62
HOA / mo$0.00$0.00$0.00
Total monthly$3,671.44$7,052.34$6,439.91
Cash to close$609,394$85,900$85,900