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$472,297$472,297$648,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$175,703$0
Funding fee$0$0$0
Note rate5.230%5.230%7.400%
Blended rate6.080%6.601%7.640%
1st payment$2,780.61$2,780.61$4,486.62
2nd payment$0.00$1,171.35$0.00
Taxes / mo$600.00$600.00$600.00
Insurance / mo$216.67$216.67$216.67
MI / mo$357.48$357.48$129.60
HOA / mo$0.00$0.00$0.00
Total monthly$3,954.76$5,126.11$5,432.89
Cash to close$247,703$72,000$72,000