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$16,395$16,395$427,500
Remaining term (yrs)3.43.430.0
Secondary amount$0$411,105$0
Funding fee$0$0$0
Note rate8.250%8.250%7.320%
Blended rate9.100%7.802%7.560%
1st payment$450.76$450.76$2,936.63
2nd payment$0.00$2,655.05$0.00
Taxes / mo$284.83$284.83$284.83
Insurance / mo$166.67$166.67$166.67
MI / mo$42.50$42.50$85.50
HOA / mo$30.00$30.00$30.00
Total monthly$974.76$3,629.81$3,503.63
Cash to close$458,605$47,500$47,500