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$17,698$17,698$539,910
Remaining term (yrs)38.538.530.0
Secondary amount$0$522,212$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.180%7.731%7.640%
1st payment$106.01$106.01$3,738.23
2nd payment$0.00$3,372.62$0.00
Taxes / mo$220.50$220.50$220.50
Insurance / mo$166.67$166.67$166.67
MI / mo$8.17$8.17$107.98
HOA / mo$8.33$8.33$8.33
Total monthly$509.67$3,882.29$4,241.71
Cash to close$582,202$59,990$59,990