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$12,754$12,754$414,000
Remaining term (yrs)27.427.430.0
Secondary amount$0$401,246$0
Funding fee$0$0$0
Note rate6.150%6.150%7.400%
Blended rate6.700%7.718%7.640%
1st payment$80.12$80.12$2,866.45
2nd payment$0.00$2,591.38$0.00
Taxes / mo$383.33$383.33$383.33
Insurance / mo$166.67$166.67$166.67
MI / mo$5.88$5.88$82.80
HOA / mo$400.00$400.00$400.00
Total monthly$1,036.00$3,627.38$3,899.25
Cash to close$447,246$46,000$46,000