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$962,661$962,661$1,057,500
Remaining term (yrs)26.126.130.0
Secondary amount$0$94,839$0
Funding fee$0$0$0
Note rate6.700%6.700%7.320%
Blended rate7.550%7.680%7.560%
1st payment$6,500.05$6,500.05$7,264.29
2nd payment$0.00$711.29$0.00
Taxes / mo$979.17$979.17$979.17
Insurance / mo$216.67$216.67$216.67
MI / mo$713.52$713.52$211.50
HOA / mo$0.00$0.00$0.00
Total monthly$8,409.40$9,120.69$8,671.62
Cash to close$212,339$117,500$117,500