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$580,652$580,652$683,910
Remaining term (yrs)25.925.930.0
Secondary amount$0$103,258$0
Funding fee$0$0$0
Note rate5.540%5.540%7.400%
Blended rate6.390%6.633%7.640%
1st payment$3,516.19$3,516.19$4,735.25
2nd payment$0.00$688.39$0.00
Taxes / mo$633.25$633.25$633.25
Insurance / mo$216.67$216.67$216.67
MI / mo$436.72$436.72$136.78
HOA / mo$0.00$0.00$0.00
Total monthly$4,802.83$5,491.22$5,721.95
Cash to close$179,248$75,990$75,990