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$409,597$409,597$463,500
Remaining term (yrs)27.627.630.0
Secondary amount$0$53,903$0
Funding fee$0$0$0
Note rate7.220%7.220%7.400%
Blended rate7.770%7.913%7.640%
1st payment$2,851.23$2,851.23$3,209.18
2nd payment$0.00$404.27$0.00
Taxes / mo$347.67$347.67$347.67
Insurance / mo$166.67$166.67$166.67
MI / mo$192.14$192.14$92.70
HOA / mo$49.17$49.17$49.17
Total monthly$3,606.87$4,011.14$3,865.38
Cash to close$105,403$51,500$51,500