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$0$0$553,410
Remaining term (yrs)13.913.930.0
Secondary amount$0$553,410$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%7.750%7.560%
1st payment$0.00$0.00$3,801.54
2nd payment$0.00$3,574.11$0.00
Taxes / mo$512.42$512.42$512.42
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$110.68
HOA / mo$210.00$210.00$210.00
Total monthly$889.08$4,463.19$4,801.31
Cash to close$614,900$61,490$61,490