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$460,778$460,778$476,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$41,772$0
Funding fee$0$0$0
Note rate4.170%4.170%7.400%
Blended rate5.020%5.590%7.640%
1st payment$2,439.16$2,439.16$3,296.42
2nd payment$0.00$413.36$0.00
Taxes / mo$440.83$440.83$440.83
Insurance / mo$166.67$166.67$166.67
MI / mo$354.58$354.58$95.22
HOA / mo$765.00$765.00$765.00
Total monthly$4,166.24$4,579.60$4,764.14
Cash to close$68,222$26,450$52,900