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$518,393$518,393$540,000
Remaining term (yrs)28.528.530.0
Secondary amount$0$51,607$0
Funding fee$0$0$0
Note rate6.380%6.380%7.320%
Blended rate6.930%7.378%7.560%
1st payment$3,286.44$3,286.44$3,709.43
2nd payment$0.00$510.70$0.00
Taxes / mo$270.33$270.33$270.33
Insurance / mo$166.67$166.67$166.67
MI / mo$238.56$238.56$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,961.99$4,472.69$4,254.43
Cash to close$81,607$30,000$60,000