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$457,371$457,371$517,500
Remaining term (yrs)29.129.130.0
Secondary amount$0$60,129$0
Funding fee$0$0$0
Note rate6.130%6.130%7.400%
Blended rate6.680%6.950%7.640%
1st payment$2,805.54$2,805.54$3,583.07
2nd payment$0.00$450.97$0.00
Taxes / mo$363.00$363.00$363.00
Insurance / mo$166.67$166.67$166.67
MI / mo$211.51$211.51$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,546.72$3,997.69$4,216.23
Cash to close$117,629$57,500$57,500