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$95,667$95,667$572,310
Remaining term (yrs)6.56.530.0
Secondary amount$0$476,643$0
Funding fee$0$0$0
Note rate5.910%5.910%7.400%
Blended rate6.760%7.585%7.640%
1st payment$1,449.75$1,449.75$3,962.56
2nd payment$0.00$3,078.32$0.00
Taxes / mo$348.17$348.17$348.17
Insurance / mo$166.67$166.67$166.67
MI / mo$172.95$172.95$114.46
HOA / mo$33.00$33.00$33.00
Total monthly$2,170.53$5,248.85$4,624.85
Cash to close$540,233$63,590$63,590