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$428,939$428,939$459,810
Remaining term (yrs)28.228.230.0
Secondary amount$0$30,871$0
Funding fee$0$0$0
Note rate6.690%6.690%7.400%
Blended rate7.240%7.358%7.640%
1st payment$2,816.77$2,816.77$3,183.63
2nd payment$0.00$231.53$0.00
Taxes / mo$277.83$277.83$277.83
Insurance / mo$166.67$166.67$166.67
MI / mo$200.28$200.28$91.96
HOA / mo$35.00$35.00$35.00
Total monthly$3,496.54$3,728.08$3,755.09
Cash to close$81,961$51,090$51,090