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$574,040$574,040$647,910
Remaining term (yrs)27.227.230.0
Secondary amount$0$73,870$0
Funding fee$0$0$0
Note rate7.620%7.620%7.320%
Blended rate8.170%8.265%7.560%
1st payment$4,167.81$4,167.81$4,450.69
2nd payment$0.00$554.03$0.00
Taxes / mo$687.58$687.58$687.58
Insurance / mo$216.67$216.67$216.67
MI / mo$270.02$270.02$129.58
HOA / mo$45.33$45.33$45.33
Total monthly$5,387.41$5,941.44$5,529.85
Cash to close$145,860$71,990$71,990