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$617,085
Remaining term (yrs)29.129.130.0
Secondary amount$0$617,085$0
Funding fee$0$0$0
Note rate5.250%5.250%7.400%
Blended rate5.800%7.750%7.640%
1st payment$0.00$0.00$4,272.57
2nd payment$0.00$3,985.34$0.00
Taxes / mo$571.38$571.38$571.38
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$123.42
HOA / mo$82.00$82.00$82.00
Total monthly$820.04$4,805.38$5,216.03
Cash to close$685,650$68,565$68,565