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$463,011$463,011$494,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$31,899$0
Funding fee$0$0$0
Note rate6.320%6.320%7.320%
Blended rate6.870%7.007%7.560%
1st payment$2,996.48$2,996.48$3,399.69
2nd payment$0.00$239.24$0.00
Taxes / mo$259.33$259.33$259.33
Insurance / mo$166.67$166.67$166.67
MI / mo$221.42$221.42$98.98
HOA / mo$121.00$121.00$121.00
Total monthly$3,764.90$4,004.14$4,045.67
Cash to close$86,889$54,990$54,990