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$647,398$647,398$701,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$54,512$0
Funding fee$0$0$0
Note rate6.940%6.940%7.400%
Blended rate7.490%7.607%7.640%
1st payment$4,382.78$4,382.78$4,859.88
2nd payment$0.00$408.84$0.00
Taxes / mo$215.42$215.42$215.42
Insurance / mo$216.67$216.67$216.67
MI / mo$303.77$303.77$140.38
HOA / mo$0.00$0.00$0.00
Total monthly$5,118.63$5,527.47$5,432.35
Cash to close$132,502$77,990$77,990