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$17,068$17,068$539,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$522,032$0
Funding fee$0$0$0
Note rate6.780%6.780%7.320%
Blended rate7.330%7.737%7.560%
1st payment$118.10$118.10$3,703.24
2nd payment$0.00$3,371.46$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$8.14$8.14$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$792.07$4,163.53$4,476.90
Cash to close$581,932$59,900$59,900