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$598,134$598,134$594,000
Remaining term (yrs)27.927.930.0
Secondary amount$0$28,866$0
Funding fee$0$0$0
Note rate6.470%6.470%7.320%
Blended rate7.020%7.244%7.560%
1st payment$3,854.39$3,854.39$4,080.37
2nd payment$0.00$285.66$0.00
Taxes / mo$550.00$550.00$550.00
Insurance / mo$166.67$166.67$166.67
MI / mo$280.37$280.37$118.80
HOA / mo$442.00$442.00$442.00
Total monthly$5,293.43$5,579.09$5,357.83
Cash to close$61,866$33,000$66,000