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$883,343$883,343$944,910
Remaining term (yrs)29.029.030.0
Secondary amount$0$61,567$0
Funding fee$0$0$0
Note rate6.260%6.260%7.240%
Blended rate6.810%6.953%7.480%
1st payment$5,497.94$5,497.94$6,439.54
2nd payment$0.00$461.75$0.00
Taxes / mo$874.92$874.92$874.92
Insurance / mo$216.67$216.67$216.67
MI / mo$408.83$408.83$188.98
HOA / mo$40.00$40.00$40.00
Total monthly$7,038.36$7,500.11$7,760.11
Cash to close$166,557$104,990$104,990