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$516,366$516,366$547,200
Remaining term (yrs)28.528.530.0
Secondary amount$0$30,834$0
Funding fee$0$0$0
Note rate6.670%6.670%7.320%
Blended rate7.220%7.320%7.560%
1st payment$3,370.91$3,370.91$3,758.88
2nd payment$0.00$231.26$0.00
Taxes / mo$252.17$252.17$252.17
Insurance / mo$166.67$166.67$166.67
MI / mo$240.17$240.17$109.44
HOA / mo$0.00$0.00$0.00
Total monthly$4,029.92$4,261.18$4,287.16
Cash to close$91,634$60,800$60,800