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$576,015$576,015$571,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$27,235$0
Funding fee$0$0$0
Note rate6.470%6.470%7.320%
Blended rate7.020%7.239%7.560%
1st payment$3,711.86$3,711.86$3,925.81
2nd payment$0.00$269.52$0.00
Taxes / mo$529.17$529.17$529.17
Insurance / mo$166.67$166.67$166.67
MI / mo$270.00$270.00$114.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,677.69$4,947.21$4,735.94
Cash to close$58,985$31,750$63,500