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$526,073$526,073$628,200
Remaining term (yrs)27.227.230.0
Secondary amount$0$102,127$0
Funding fee$0$0$0
Note rate7.570%7.570%7.400%
Blended rate8.120%8.100%7.640%
1st payment$3,801.94$3,801.94$4,349.53
2nd payment$0.00$680.85$0.00
Taxes / mo$581.67$581.67$581.67
Insurance / mo$166.67$166.67$166.67
MI / mo$247.52$247.52$125.64
HOA / mo$0.00$0.00$0.00
Total monthly$4,797.79$5,478.64$5,223.50
Cash to close$171,927$69,800$69,800