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$471,541$471,541$494,817
Remaining term (yrs)29.329.330.0
Secondary amount$0$50,766$0
Funding fee$0$0$0
Note rate6.210%6.210%7.400%
Blended rate6.760%7.257%7.640%
1st payment$2,910.89$2,910.89$3,426.02
2nd payment$0.00$502.37$0.00
Taxes / mo$458.16$458.16$458.16
Insurance / mo$166.67$166.67$166.67
MI / mo$217.60$217.60$98.96
HOA / mo$63.00$63.00$63.00
Total monthly$3,816.33$4,318.70$4,212.81
Cash to close$78,256$27,490$54,980