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$521,277$521,277$566,100
Remaining term (yrs)27.327.330.0
Secondary amount$0$44,823$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.361%7.640%
1st payment$3,455.24$3,455.24$3,919.56
2nd payment$0.00$336.17$0.00
Taxes / mo$524.17$524.17$524.17
Insurance / mo$166.67$166.67$166.67
MI / mo$246.18$246.18$113.22
HOA / mo$344.00$344.00$344.00
Total monthly$4,736.26$5,072.43$5,067.62
Cash to close$107,723$62,900$62,900