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$530,473$530,473$602,969
Remaining term (yrs)23.923.930.0
Secondary amount$0$72,496$0
Funding fee$0$0$0
Note rate6.000%6.000%7.400%
Blended rate6.850%7.108%7.640%
1st payment$3,474.40$3,474.40$4,174.84
2nd payment$0.00$543.72$0.00
Taxes / mo$558.31$558.31$558.31
Insurance / mo$166.67$166.67$166.67
MI / mo$410.48$410.48$120.59
HOA / mo$558.00$558.00$558.00
Total monthly$5,167.85$5,711.57$5,578.40
Cash to close$139,493$66,997$66,997