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$41,319$41,319$414,000
Remaining term (yrs)5.45.430.0
Secondary amount$0$372,681$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.350%7.710%7.560%
1st payment$746.28$746.28$2,843.89
2nd payment$0.00$2,406.90$0.00
Taxes / mo$229.00$229.00$229.00
Insurance / mo$166.67$166.67$166.67
MI / mo$83.63$83.63$82.80
HOA / mo$75.00$75.00$75.00
Total monthly$1,300.58$3,707.47$3,397.36
Cash to close$418,681$46,000$46,000