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$440,554$440,554$526,500
Remaining term (yrs)26.326.330.0
Secondary amount$0$85,946$0
Funding fee$0$0$0
Note rate6.130%6.130%7.320%
Blended rate6.680%7.059%7.560%
1st payment$2,805.54$2,805.54$3,616.69
2nd payment$0.00$644.59$0.00
Taxes / mo$243.50$243.50$243.50
Insurance / mo$166.67$166.67$166.67
MI / mo$211.51$211.51$105.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,427.22$4,071.81$4,132.16
Cash to close$144,446$58,500$58,500