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$521,325
Remaining term (yrs)——30.0
Secondary amount$0$521,325$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$3,581.14
2nd payment$0.00$3,366.89$0.00
Taxes / mo$482.71$482.71$482.71
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$104.27
HOA / mo$180.00$180.00$180.00
Total monthly$829.38$4,196.27$4,514.78
Cash to close$579,250$57,925$57,925