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$428,602$428,602$486,023
Remaining term (yrs)27.127.130.0
Secondary amount$0$57,420$0
Funding fee$0$0$0
Note rate7.570%7.570%7.320%
Blended rate8.120%8.224%7.560%
1st payment$3,100.37$3,100.37$3,338.64
2nd payment$0.00$430.65$0.00
Taxes / mo$467.08$467.08$467.08
Insurance / mo$166.67$166.67$166.67
MI / mo$201.84$201.84$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,935.96$4,366.61$4,069.59
Cash to close$111,423$54,003$54,003