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$833,132$833,132$1,282,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$449,368$0
Funding fee$0$0$0
Note rate4.625%4.625%7.400%
Blended rate5.475%6.272%7.640%
1st payment$4,602.29$4,602.29$8,879.77
2nd payment$0.00$2,902.17$0.00
Taxes / mo$1,187.50$1,187.50$1,187.50
Insurance / mo$216.67$216.67$216.67
MI / mo$634.06$634.06$256.50
HOA / mo$0.00$0.00$0.00
Total monthly$6,640.52$9,542.69$10,540.44
Cash to close$591,868$142,500$142,500