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$11,019$11,019$427,500
Remaining term (yrs)1.51.530.0
Secondary amount$0$416,481$0
Funding fee$0$0$0
Note rate7.040%7.040%7.320%
Blended rate7.890%7.754%7.560%
1st payment$585.52$585.52$2,936.63
2nd payment$0.00$2,689.77$0.00
Taxes / mo$371.17$371.17$371.17
Insurance / mo$166.67$166.67$166.67
MI / mo$62.09$62.09$85.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,185.44$3,875.22$3,559.96
Cash to close$463,981$47,500$47,500