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$485,991
Remaining term (yrs)——30.0
Secondary amount$0$485,991$0
Funding fee$0$0$0
Note rate5.891%5.891%7.400%
Blended rate6.741%7.750%7.640%
1st payment$0.00$0.00$3,364.90
2nd payment$0.00$3,138.69$0.00
Taxes / mo$116.58$116.58$116.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$97.20
HOA / mo$185.00$185.00$185.00
Total monthly$468.25$3,606.94$3,930.35
Cash to close$539,990$53,999$53,999