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$563,580$563,580$629,910
Remaining term (yrs)24.724.730.0
Secondary amount$0$66,330$0
Funding fee$0$0$0
Note rate2.960%2.960%7.320%
Blended rate3.810%4.357%7.560%
1st payment$2,672.92$2,672.92$4,327.04
2nd payment$0.00$497.47$0.00
Taxes / mo$583.25$583.25$583.25
Insurance / mo$166.67$166.67$166.67
MI / mo$451.38$451.38$125.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,874.22$4,371.69$5,202.94
Cash to close$136,320$69,990$69,990