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$584,129$584,129$629,100
Remaining term (yrs)29.329.330.0
Secondary amount$0$44,971$0
Funding fee$0$0$0
Note rate6.180%6.180%7.400%
Blended rate6.730%6.892%7.640%
1st payment$3,594.61$3,594.61$4,355.76
2nd payment$0.00$337.28$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$269.57$269.57$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,613.34$4,950.63$5,230.75
Cash to close$114,871$69,900$69,900