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$0$0$476,991
Remaining term (yrs)——30.0
Secondary amount$0$476,991$0
Funding fee$0$0$0
Note rate5.891%5.891%7.320%
Blended rate6.741%7.750%7.560%
1st payment$0.00$0.00$3,276.60
2nd payment$0.00$3,080.57$0.00
Taxes / mo$25.50$25.50$25.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$95.40
HOA / mo$41.00$41.00$41.00
Total monthly$233.17$3,313.73$3,605.16
Cash to close$529,990$52,999$52,999