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$579,530$579,530$719,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$140,380$0
Funding fee$0$0$0
Note rate5.110%5.110%7.320%
Blended rate5.960%6.358%7.560%
1st payment$3,375.98$3,375.98$4,945.28
2nd payment$0.00$935.87$0.00
Taxes / mo$666.58$666.58$666.58
Insurance / mo$216.67$216.67$216.67
MI / mo$439.93$439.93$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,699.16$5,635.03$5,972.51
Cash to close$220,370$79,990$79,990