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$403,039$403,039$540,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$136,961$0
Funding fee$0$0$0
Note rate6.240%6.240%7.400%
Blended rate6.790%7.097%7.640%
1st payment$2,503.32$2,503.32$3,738.85
2nd payment$0.00$913.07$0.00
Taxes / mo$157.50$157.50$157.50
Insurance / mo$166.67$166.67$166.67
MI / mo$186.54$186.54$108.00
HOA / mo$41.67$41.67$41.67
Total monthly$3,055.70$3,968.77$4,212.69
Cash to close$196,961$60,000$60,000