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$570,774$570,774$697,410
Remaining term (yrs)24.824.830.0
Secondary amount$0$126,636$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%4.505%7.640%
1st payment$2,677.29$2,677.29$4,828.73
2nd payment$0.00$844.24$0.00
Taxes / mo$645.75$645.75$645.75
Insurance / mo$216.67$216.67$216.67
MI / mo$456.79$456.79$139.48
HOA / mo$90.00$90.00$90.00
Total monthly$4,086.50$4,930.74$5,920.62
Cash to close$204,126$77,490$77,490