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$525,407$525,407$557,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$31,693$0
Funding fee$0$0$0
Note rate6.320%6.320%7.400%
Blended rate6.870%6.991%7.640%
1st payment$3,400.29$3,400.29$3,857.25
2nd payment$0.00$237.70$0.00
Taxes / mo$515.83$515.83$515.83
Insurance / mo$166.67$166.67$166.67
MI / mo$251.25$251.25$111.42
HOA / mo$0.00$0.00$0.00
Total monthly$4,334.04$4,571.74$4,651.17
Cash to close$93,593$61,900$61,900