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$674,999
Remaining term (yrs)24.824.830.0
Secondary amount$0$104,225$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%4.389%7.640%
1st payment$2,677.29$2,677.29$4,673.56
2nd payment$0.00$694.83$0.00
Taxes / mo$625.00$625.00$625.00
Insurance / mo$216.67$216.67$216.67
MI / mo$456.79$456.79$135.00
HOA / mo$90.00$90.00$90.00
Total monthly$4,065.75$4,760.58$5,740.22
Cash to close$179,225$75,000$75,000