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$631,801$631,801$688,500
Remaining term (yrs)26.826.830.0
Secondary amount$0$56,699$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.367%7.640%
1st payment$4,215.28$4,215.28$4,767.03
2nd payment$0.00$425.25$0.00
Taxes / mo$637.50$637.50$637.50
Insurance / mo$216.67$216.67$216.67
MI / mo$300.33$300.33$137.70
HOA / mo$40.00$40.00$40.00
Total monthly$5,409.78$5,835.03$5,798.90
Cash to close$133,199$76,500$76,500