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$417,591
Remaining term (yrs)28.828.830.0
Secondary amount$0$417,591$0
Funding fee$0$0$0
Note rate5.891%5.891%7.400%
Blended rate6.441%7.750%7.640%
1st payment$0.00$0.00$2,891.32
2nd payment$0.00$2,696.94$0.00
Taxes / mo$16.17$16.17$16.17
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$83.52
HOA / mo$47.00$47.00$47.00
Total monthly$229.83$2,926.78$3,204.67
Cash to close$463,990$46,399$46,399