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$428,038$428,038$607,410
Remaining term (yrs)25.625.630.0
Secondary amount$0$179,372$0
Funding fee$0$0$0
Note rate5.270%5.270%7.320%
Blended rate6.120%6.675%7.560%
1st payment$2,534.08$2,534.08$4,172.49
2nd payment$0.00$1,195.81$0.00
Taxes / mo$251.08$251.08$251.08
Insurance / mo$166.67$166.67$166.67
MI / mo$324.33$324.33$121.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,276.16$4,471.97$4,711.72
Cash to close$246,862$67,490$67,490