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$436,621$436,621$459,000
Remaining term (yrs)28.328.330.0
Secondary amount$0$47,879$0
Funding fee$0$0$0
Note rate6.840%6.840%7.320%
Blended rate7.390%7.833%7.560%
1st payment$2,907.29$2,907.29$3,153.01
2nd payment$0.00$473.80$0.00
Taxes / mo$425.00$425.00$425.00
Insurance / mo$166.67$166.67$166.67
MI / mo$203.56$203.56$91.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,702.52$4,176.32$3,836.48
Cash to close$73,379$25,500$51,000