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$456,904$456,904$525,600
Remaining term (yrs)29.229.230.0
Secondary amount$0$68,696$0
Funding fee$0$0$0
Note rate6.190%6.190%7.400%
Blended rate6.740%7.035%7.640%
1st payment$2,817.46$2,817.46$3,639.15
2nd payment$0.00$515.22$0.00
Taxes / mo$29.83$29.83$29.83
Insurance / mo$166.67$166.67$166.67
MI / mo$211.06$211.06$105.12
HOA / mo$0.00$0.00$0.00
Total monthly$3,225.03$3,740.25$3,940.77
Cash to close$127,096$58,400$58,400