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$10,352$10,352$494,999
Remaining term (yrs)25.125.130.0
Secondary amount$0$484,647$0
Funding fee$0$0$0
Note rate6.090%6.090%7.320%
Blended rate6.640%7.727%7.560%
1st payment$66.98$66.98$3,400.30
2nd payment$0.00$3,130.01$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$4.88$4.88$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$696.86$3,826.87$4,124.30
Cash to close$539,647$55,000$55,000