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$476,293$476,293$549,000
Remaining term (yrs)28.928.930.0
Secondary amount$0$72,707$0
Funding fee$0$0$0
Note rate6.500%6.500%7.240%
Blended rate7.050%7.308%7.480%
1st payment$3,041.57$3,041.57$3,741.42
2nd payment$0.00$545.30$0.00
Taxes / mo$508.33$508.33$508.33
Insurance / mo$166.67$166.67$166.67
MI / mo$220.55$220.55$109.80
HOA / mo$0.00$0.00$0.00
Total monthly$3,937.13$4,482.43$4,526.22
Cash to close$133,707$61,000$61,000