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$13,548$13,548$512,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$498,552$0
Funding fee$0$0$0
Note rate6.910%6.910%7.400%
Blended rate7.460%7.742%7.640%
1st payment$95.71$95.71$3,545.68
2nd payment$0.00$3,219.81$0.00
Taxes / mo$214.58$214.58$214.58
Insurance / mo$166.67$166.67$166.67
MI / mo$6.35$6.35$102.42
HOA / mo$0.00$0.00$0.00
Total monthly$483.31$3,703.12$4,029.35
Cash to close$555,452$56,900$56,900