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$441,143$441,143$719,730
Remaining term (yrs)28.528.530.0
Secondary amount$0$278,587$0
Funding fee$0$0$0
Note rate6.650%6.650%7.400%
Blended rate7.200%7.413%7.640%
1st payment$2,874.08$2,874.08$4,983.27
2nd payment$0.00$1,799.21$0.00
Taxes / mo$666.42$666.42$666.42
Insurance / mo$216.67$216.67$216.67
MI / mo$205.20$205.20$143.95
HOA / mo$0.00$0.00$0.00
Total monthly$3,962.36$5,761.57$6,010.29
Cash to close$358,557$79,970$79,970