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$415,444$415,444$495,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$79,556$0
Funding fee$0$0$0
Note rate6.690%6.690%7.400%
Blended rate7.240%7.523%7.640%
1st payment$2,753.29$2,753.29$3,427.28
2nd payment$0.00$596.67$0.00
Taxes / mo$317.92$317.92$317.92
Insurance / mo$166.67$166.67$166.67
MI / mo$195.76$195.76$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,433.63$4,030.30$4,010.86
Cash to close$134,556$55,000$55,000