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$19,047$19,047$566,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$547,053$0
Funding fee$0$0$0
Note rate6.580%6.580%7.400%
Blended rate7.430%7.739%7.640%
1st payment$130.79$130.79$3,919.56
2nd payment$0.00$3,533.05$0.00
Taxes / mo$524.17$524.17$524.17
Insurance / mo$166.67$166.67$166.67
MI / mo$14.20$14.20$113.22
HOA / mo$0.00$0.00$0.00
Total monthly$835.83$4,368.88$4,723.62
Cash to close$609,953$62,900$62,900