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$687,089$687,089$868,500
Remaining term (yrs)25.925.930.0
Secondary amount$0$181,411$0
Funding fee$0$0$0
Note rate5.750%5.750%7.400%
Blended rate6.600%6.892%7.640%
1st payment$4,248.41$4,248.41$6,013.32
2nd payment$0.00$1,209.40$0.00
Taxes / mo$959.83$959.83$959.83
Insurance / mo$216.67$216.67$216.67
MI / mo$515.67$515.67$173.70
HOA / mo$697.00$697.00$697.00
Total monthly$6,637.58$7,846.98$8,060.52
Cash to close$277,911$96,500$96,500