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$151,929$151,929$585,000
Remaining term (yrs)12.112.130.0
Secondary amount$0$433,071$0
Funding fee$0$0$0
Note rate5.780%5.780%7.320%
Blended rate6.630%7.459%7.560%
1st payment$1,444.63$1,444.63$4,018.54
2nd payment$0.00$2,796.92$0.00
Taxes / mo$541.67$541.67$541.67
Insurance / mo$166.67$166.67$166.67
MI / mo$174.78$174.78$117.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,327.74$5,124.66$4,843.88
Cash to close$498,071$65,000$65,000