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$585,688$585,688$616,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$30,812$0
Funding fee$0$0$0
Note rate6.180%6.180%7.320%
Blended rate6.730%6.843%7.560%
1st payment$3,600.61$3,600.61$4,234.93
2nd payment$0.00$231.09$0.00
Taxes / mo$570.83$570.83$570.83
Insurance / mo$166.67$166.67$166.67
MI / mo$270.02$270.02$123.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,608.13$4,839.21$5,095.73
Cash to close$99,312$68,500$68,500