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$606,218$606,218$629,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$57,832$0
Funding fee$0$0$0
Note rate4.920%4.920%7.400%
Blended rate5.770%6.302%7.640%
1st payment$3,447.23$3,447.23$4,355.76
2nd payment$0.00$572.30$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$459.03$459.03$125.82
HOA / mo$478.00$478.00$478.00
Total monthly$5,133.43$5,705.73$5,708.75
Cash to close$92,782$34,950$69,900