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$52,967$52,967$805,500
Remaining term (yrs)4.24.230.0
Secondary amount$0$752,533$0
Funding fee$0$0$0
Note rate7.420%7.420%7.400%
Blended rate8.270%7.784%7.640%
1st payment$1,194.24$1,194.24$5,577.12
2nd payment$0.00$4,860.11$0.00
Taxes / mo$745.83$745.83$745.83
Insurance / mo$216.67$216.67$216.67
MI / mo$121.94$121.94$161.10
HOA / mo$0.00$0.00$0.00
Total monthly$2,278.68$7,138.78$6,700.72
Cash to close$842,033$89,500$89,500