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$548,868$548,868$562,500
Remaining term (yrs)26.926.930.0
Secondary amount$0$44,882$0
Funding fee$0$0$0
Note rate5.560%5.560%7.400%
Blended rate6.110%6.546%7.640%
1st payment$3,275.64$3,275.64$3,894.64
2nd payment$0.00$444.15$0.00
Taxes / mo$298.50$298.50$298.50
Insurance / mo$166.67$166.67$166.67
MI / mo$262.67$262.67$112.50
HOA / mo$30.42$30.42$30.42
Total monthly$4,033.90$4,478.05$4,502.72
Cash to close$76,132$31,250$62,500