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$477,576$477,576$539,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$61,524$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%6.475%7.640%
1st payment$2,818.92$2,818.92$3,732.62
2nd payment$0.00$461.43$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$359.57$359.57$107.82
HOA / mo$209.00$209.00$209.00
Total monthly$4,053.33$4,514.76$4,715.27
Cash to close$121,424$59,900$59,900