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$531,868$531,868$616,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$84,632$0
Funding fee$0$0$0
Note rate2.960%2.960%7.320%
Blended rate3.810%4.522%7.560%
1st payment$2,534.06$2,534.06$4,234.93
2nd payment$0.00$634.74$0.00
Taxes / mo$560.25$560.25$560.25
Insurance / mo$166.67$166.67$166.67
MI / mo$427.93$427.93$123.30
HOA / mo$58.00$58.00$58.00
Total monthly$3,746.91$4,381.66$5,143.14
Cash to close$153,132$68,500$68,500