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$528,698$528,698$556,200
Remaining term (yrs)27.927.930.0
Secondary amount$0$27,502$0
Funding fee$0$0$0
Note rate6.770%6.770%7.400%
Blended rate7.320%7.403%7.640%
1st payment$3,509.86$3,509.86$3,851.02
2nd payment$0.00$206.27$0.00
Taxes / mo$515.00$515.00$515.00
Insurance / mo$166.67$166.67$166.67
MI / mo$247.52$247.52$111.24
HOA / mo$0.00$0.00$0.00
Total monthly$4,439.04$4,645.31$4,643.92
Cash to close$89,302$61,800$61,800