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$579,530$579,530$764,991
Remaining term (yrs)25.625.630.0
Secondary amount$0$185,461$0
Funding fee$0$0$0
Note rate5.110%5.110%7.320%
Blended rate5.960%6.455%7.560%
1st payment$3,375.98$3,375.98$5,254.96
2nd payment$0.00$1,236.41$0.00
Taxes / mo$708.32$708.32$708.32
Insurance / mo$216.67$216.67$216.67
MI / mo$439.93$439.93$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,740.91$5,977.31$6,332.95
Cash to close$270,460$84,999$84,999