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$559,864$559,864$575,910
Remaining term (yrs)27.227.230.0
Secondary amount$0$48,041$0
Funding fee$0$0$0
Note rate6.230%6.230%7.400%
Blended rate6.780%7.183%7.640%
1st payment$3,557.53$3,557.53$3,987.48
2nd payment$0.00$475.40$0.00
Taxes / mo$533.25$533.25$533.25
Insurance / mo$166.67$166.67$166.67
MI / mo$258.94$258.94$115.18
HOA / mo$120.00$120.00$120.00
Total monthly$4,636.39$5,111.79$4,922.58
Cash to close$80,036$31,995$63,990