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$449,891$449,891$556,200
Remaining term (yrs)26.326.330.0
Secondary amount$0$106,309$0
Funding fee$0$0$0
Note rate6.120%6.120%7.320%
Blended rate6.670%6.924%7.560%
1st payment$2,862.18$2,862.18$3,820.71
2nd payment$0.00$708.73$0.00
Taxes / mo$227.92$227.92$227.92
Insurance / mo$166.67$166.67$166.67
MI / mo$216.02$216.02$111.24
HOA / mo$0.00$0.00$0.00
Total monthly$3,472.78$4,181.51$4,326.53
Cash to close$168,109$61,800$61,800