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$418,856$418,856$508,500
Remaining term (yrs)27.127.130.0
Secondary amount$0$89,644$0
Funding fee$0$0$0
Note rate7.790%7.790%7.400%
Blended rate8.340%8.456%7.640%
1st payment$3,091.70$3,091.70$3,520.75
2nd payment$0.00$672.33$0.00
Taxes / mo$478.67$478.67$478.67
Insurance / mo$166.67$166.67$166.67
MI / mo$197.03$197.03$101.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,934.07$4,606.39$4,267.78
Cash to close$146,144$56,500$56,500