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$411,080$411,080$436,500
Remaining term (yrs)26.726.730.0
Secondary amount$0$25,420$0
Funding fee$0$0$0
Note rate6.570%6.570%7.320%
Blended rate7.120%7.229%7.560%
1st payment$2,719.39$2,719.39$2,998.45
2nd payment$0.00$190.65$0.00
Taxes / mo$523.92$523.92$523.92
Insurance / mo$166.67$166.67$166.67
MI / mo$195.76$195.76$87.30
HOA / mo$35.42$35.42$35.42
Total monthly$3,641.16$3,831.81$3,811.76
Cash to close$73,920$48,500$48,500