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$528,438$528,438$638,100
Remaining term (yrs)29.529.530.0
Secondary amount$0$109,662$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.050%7.213%7.560%
1st payment$3,352.31$3,352.31$4,383.30
2nd payment$0.00$731.08$0.00
Taxes / mo$590.83$590.83$590.83
Insurance / mo$216.67$216.67$216.67
MI / mo$243.09$243.09$127.62
HOA / mo$0.00$0.00$0.00
Total monthly$4,402.89$5,133.98$5,318.42
Cash to close$180,562$70,900$70,900