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$610,828$610,828$629,999
Remaining term (yrs)29.429.430.0
Secondary amount$0$54,171$0
Funding fee$0$0$0
Note rate5.980%5.980%7.320%
Blended rate6.530%6.965%7.560%
1st payment$3,676.69$3,676.69$4,327.66
2nd payment$0.00$536.07$0.00
Taxes / mo$287.33$287.33$287.33
Insurance / mo$166.67$166.67$166.67
MI / mo$281.67$281.67$126.00
HOA / mo$85.00$85.00$85.00
Total monthly$4,497.37$5,033.43$4,992.66
Cash to close$89,171$35,000$70,000