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$495,324$495,324$512,100
Remaining term (yrs)27.727.730.0
Secondary amount$0$45,226$0
Funding fee$0$0$0
Note rate6.990%6.990%7.320%
Blended rate7.540%7.903%7.560%
1st payment$3,369.52$3,369.52$3,517.77
2nd payment$0.00$447.55$0.00
Taxes / mo$828.08$828.08$828.08
Insurance / mo$166.67$166.67$166.67
MI / mo$232.36$232.36$102.42
HOA / mo$100.00$100.00$100.00
Total monthly$4,696.63$5,144.19$4,714.94
Cash to close$73,676$28,450$56,900