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$564,963$564,963$581,400
Remaining term (yrs)28.528.530.0
Secondary amount$0$48,737$0
Funding fee$0$0$0
Note rate6.650%6.650%7.400%
Blended rate7.200%7.571%7.640%
1st payment$3,680.78$3,680.78$4,025.50
2nd payment$0.00$482.29$0.00
Taxes / mo$532.75$532.75$532.75
Insurance / mo$166.67$166.67$166.67
MI / mo$262.79$262.79$116.28
HOA / mo$0.00$0.00$0.00
Total monthly$4,642.98$5,125.28$4,841.19
Cash to close$81,037$32,300$64,600