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$61,519$61,519$764,100
Remaining term (yrs)7.27.230.0
Secondary amount$0$702,581$0
Funding fee$0$0$0
Note rate6.020%6.020%7.400%
Blended rate6.870%7.679%7.640%
1st payment$866.44$866.44$5,290.47
2nd payment$0.00$4,537.50$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$102.15$102.15$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,892.75$6,430.25$6,367.46
Cash to close$787,481$84,900$84,900