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$512,303$512,303$603,799
Remaining term (yrs)26.926.930.0
Secondary amount$0$91,496$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.609%7.640%
1st payment$3,456.78$3,456.78$4,180.58
2nd payment$0.00$686.22$0.00
Taxes / mo$559.07$559.07$559.07
Insurance / mo$166.67$166.67$166.67
MI / mo$242.78$242.78$120.76
HOA / mo$0.00$0.00$0.00
Total monthly$4,425.30$5,111.52$5,027.08
Cash to close$158,585$67,089$67,089