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$569,035$569,035$602,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$33,875$0
Funding fee$0$0$0
Note rate6.090%6.090%7.400%
Blended rate6.640%6.773%7.640%
1st payment$3,532.64$3,532.64$4,174.43
2nd payment$0.00$254.06$0.00
Taxes / mo$558.25$558.25$558.25
Insurance / mo$166.67$166.67$166.67
MI / mo$267.47$267.47$120.58
HOA / mo$0.00$0.00$0.00
Total monthly$4,525.02$4,779.08$5,019.93
Cash to close$100,865$66,990$66,990