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$558,469$558,469$575,100
Remaining term (yrs)26.826.830.0
Secondary amount$0$48,581$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.593%7.640%
1st payment$3,726.02$3,726.02$3,981.88
2nd payment$0.00$480.75$0.00
Taxes / mo$372.58$372.58$372.58
Insurance / mo$166.67$166.67$166.67
MI / mo$265.47$265.47$115.02
HOA / mo$0.00$0.00$0.00
Total monthly$4,530.74$5,011.50$4,636.15
Cash to close$80,531$31,950$63,900