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$565,834$565,834$584,999
Remaining term (yrs)25.625.630.0
Secondary amount$0$51,665$0
Funding fee$0$0$0
Note rate4.160%4.160%7.320%
Blended rate5.010%5.584%7.560%
1st payment$2,986.69$2,986.69$4,018.54
2nd payment$0.00$511.27$0.00
Taxes / mo$541.67$541.67$541.67
Insurance / mo$166.67$166.67$166.67
MI / mo$434.69$434.69$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,129.71$4,640.97$4,843.87
Cash to close$84,165$32,500$65,000