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$468,752$468,752$517,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$48,748$0
Funding fee$0$0$0
Note rate6.150%6.150%7.320%
Blended rate6.700%6.917%7.560%
1st payment$2,990.96$2,990.96$3,554.87
2nd payment$0.00$365.61$0.00
Taxes / mo$300.58$300.58$300.58
Insurance / mo$166.67$166.67$166.67
MI / mo$225.02$225.02$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,683.23$4,048.84$4,125.62
Cash to close$106,248$57,500$57,500