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$519,988$519,988$944,100
Remaining term (yrs)18.718.730.0
Secondary amount$0$424,112$0
Funding fee$0$0$0
Note rate4.170%4.170%7.320%
Blended rate5.020%6.246%7.560%
1st payment$3,325.17$3,325.17$6,485.31
2nd payment$0.00$2,739.05$0.00
Taxes / mo$874.17$874.17$874.17
Insurance / mo$216.67$216.67$216.67
MI / mo$483.37$483.37$188.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,899.38$7,638.43$7,764.97
Cash to close$529,012$104,900$104,900