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$546,316$546,316$643,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$97,184$0
Funding fee$0$0$0
Note rate3.620%3.620%7.400%
Blended rate4.470%5.154%7.640%
1st payment$3,267.87$3,267.87$4,455.46
2nd payment$0.00$728.88$0.00
Taxes / mo$595.83$595.83$595.83
Insurance / mo$216.67$216.67$216.67
MI / mo$507.88$507.88$128.70
HOA / mo$0.00$0.00$0.00
Total monthly$4,588.25$5,317.13$5,396.66
Cash to close$168,684$71,500$71,500