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$534,249$534,249$531,900
Remaining term (yrs)28.828.830.0
Secondary amount$0$27,201$0
Funding fee$0$0$0
Note rate6.720%6.720%7.320%
Blended rate7.270%7.493%7.560%
1st payment$3,491.91$3,491.91$3,653.78
2nd payment$0.00$269.17$0.00
Taxes / mo$492.50$492.50$492.50
Insurance / mo$166.67$166.67$166.67
MI / mo$247.52$247.52$106.38
HOA / mo$0.00$0.00$0.00
Total monthly$4,398.60$4,667.77$4,419.33
Cash to close$56,751$29,550$59,100