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$514,643$514,643$544,500
Remaining term (yrs)26.626.630.0
Secondary amount$0$29,857$0
Funding fee$0$0$0
Note rate6.280%6.280%7.320%
Blended rate6.830%6.949%7.560%
1st payment$3,313.65$3,313.65$3,740.34
2nd payment$0.00$223.93$0.00
Taxes / mo$563.58$563.58$563.58
Insurance / mo$166.67$166.67$166.67
MI / mo$245.88$245.88$108.90
HOA / mo$90.00$90.00$90.00
Total monthly$4,379.78$4,603.71$4,669.49
Cash to close$90,357$60,500$60,500