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$419,448$419,448$449,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$30,462$0
Funding fee$0$0$0
Note rate6.870%6.870%7.400%
Blended rate7.420%7.527%7.640%
1st payment$2,795.93$2,795.93$3,115.09
2nd payment$0.00$228.46$0.00
Taxes / mo$186.58$186.58$186.58
Insurance / mo$166.67$166.67$166.67
MI / mo$195.17$195.17$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,344.35$3,572.81$3,558.32
Cash to close$80,452$49,990$49,990