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$439,774$439,774$494,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$55,136$0
Funding fee$0$0$0
Note rate5.110%5.110%7.400%
Blended rate5.960%6.299%7.640%
1st payment$2,561.85$2,561.85$3,426.66
2nd payment$0.00$413.52$0.00
Taxes / mo$458.25$458.25$458.25
Insurance / mo$166.67$166.67$166.67
MI / mo$333.84$333.84$98.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,520.61$3,934.13$4,150.56
Cash to close$110,126$54,990$54,990