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$563,676$563,676$738,000
Remaining term (yrs)26.226.230.0
Secondary amount$0$174,324$0
Funding fee$0$0$0
Note rate6.490%6.490%7.400%
Blended rate7.340%7.496%7.640%
1st payment$3,726.27$3,726.27$5,109.76
2nd payment$0.00$1,162.16$0.00
Taxes / mo$683.33$683.33$683.33
Insurance / mo$216.67$216.67$216.67
MI / mo$418.02$418.02$147.60
HOA / mo$0.00$0.00$0.00
Total monthly$5,044.29$6,206.45$6,157.36
Cash to close$256,324$82,000$82,000