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$708,020$708,020$809,100
Remaining term (yrs)28.328.330.0
Secondary amount$0$101,080$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.475%7.640%
1st payment$4,719.09$4,719.09$5,602.04
2nd payment$0.00$673.86$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$330.09$330.09$161.82
HOA / mo$195.00$195.00$195.00
Total monthly$6,210.00$6,883.87$6,924.70
Cash to close$190,980$89,900$89,900