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$410,414$410,414$499,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$89,086$0
Funding fee$0$0$0
Note rate6.430%6.430%7.400%
Blended rate6.980%7.340%7.640%
1st payment$2,681.50$2,681.50$3,458.44
2nd payment$0.00$668.14$0.00
Taxes / mo$332.17$332.17$332.17
Insurance / mo$166.67$166.67$166.67
MI / mo$195.87$195.87$99.90
HOA / mo$95.67$95.67$95.67
Total monthly$3,471.87$4,140.02$4,152.84
Cash to close$144,586$55,500$55,500