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$576,617$576,617$616,500
Remaining term (yrs)21.021.030.0
Secondary amount$0$39,883$0
Funding fee$0$0$0
Note rate4.030%4.030%7.400%
Blended rate4.880%5.147%7.640%
1st payment$3,377.98$3,377.98$4,268.52
2nd payment$0.00$299.12$0.00
Taxes / mo$570.83$570.83$570.83
Insurance / mo$166.67$166.67$166.67
MI / mo$499.38$499.38$123.30
HOA / mo$398.00$398.00$398.00
Total monthly$5,012.86$5,311.98$5,527.32
Cash to close$108,383$68,500$68,500