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$434,113$434,113$486,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$51,887$0
Funding fee$0$0$0
Note rate6.580%6.580%7.240%
Blended rate7.130%7.330%7.480%
1st payment$2,891.17$2,891.17$3,312.08
2nd payment$0.00$389.15$0.00
Taxes / mo$450.00$450.00$450.00
Insurance / mo$166.67$166.67$166.67
MI / mo$207.91$207.91$97.20
HOA / mo$0.00$0.00$0.00
Total monthly$3,715.75$4,104.91$4,025.95
Cash to close$105,887$54,000$54,000