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$496,283$496,283$526,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$30,217$0
Funding fee$0$0$0
Note rate4.620%4.620%7.400%
Blended rate5.170%5.390%7.640%
1st payment$2,700.24$2,700.24$3,645.38
2nd payment$0.00$226.63$0.00
Taxes / mo$565.50$565.50$565.50
Insurance / mo$166.67$166.67$166.67
MI / mo$240.85$240.85$105.30
HOA / mo$78.33$78.33$78.33
Total monthly$3,751.59$3,978.22$4,561.18
Cash to close$88,717$58,500$58,500