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$507,813$507,813$539,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$31,287$0
Funding fee$0$0$0
Note rate5.510%5.510%7.400%
Blended rate6.360%6.513%7.640%
1st payment$3,065.90$3,065.90$3,732.62
2nd payment$0.00$234.66$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$382.06$382.06$107.82
HOA / mo$54.00$54.00$54.00
Total monthly$4,167.79$4,402.45$4,560.27
Cash to close$91,187$59,900$59,900