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$464,347$464,347$468,000
Remaining term (yrs)27.527.530.0
Secondary amount$0$29,653$0
Funding fee$0$0$0
Note rate6.790%6.790%7.400%
Blended rate7.340%7.612%7.640%
1st payment$3,104.32$3,104.32$3,240.34
2nd payment$0.00$293.44$0.00
Taxes / mo$166.58$166.58$166.58
Insurance / mo$166.67$166.67$166.67
MI / mo$218.47$218.47$93.60
HOA / mo$76.00$76.00$76.00
Total monthly$3,732.04$4,025.48$3,743.19
Cash to close$55,653$26,000$52,000