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$419,903$419,903$521,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$101,197$0
Funding fee$0$0$0
Note rate6.490%6.490%7.400%
Blended rate7.040%7.226%7.640%
1st payment$2,711.28$2,711.28$3,607.99
2nd payment$0.00$674.65$0.00
Taxes / mo$607.75$607.75$607.75
Insurance / mo$166.67$166.67$166.67
MI / mo$196.81$196.81$104.22
HOA / mo$527.67$527.67$527.67
Total monthly$4,210.18$4,884.83$5,014.30
Cash to close$159,097$57,900$57,900