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$433,618$433,618$503,910
Remaining term (yrs)29.029.030.0
Secondary amount$0$70,292$0
Funding fee$0$0$0
Note rate6.560%6.560%7.400%
Blended rate7.110%7.374%7.640%
1st payment$2,783.38$2,783.38$3,488.97
2nd payment$0.00$527.19$0.00
Taxes / mo$219.08$219.08$219.08
Insurance / mo$166.67$166.67$166.67
MI / mo$200.58$200.58$100.78
HOA / mo$33.00$33.00$33.00
Total monthly$3,402.71$3,929.90$4,008.50
Cash to close$126,282$55,990$55,990