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$584,169$584,169$674,991
Remaining term (yrs)27.827.830.0
Secondary amount$0$90,822$0
Funding fee$0$0$0
Note rate7.220%7.220%7.320%
Blended rate7.770%7.935%7.560%
1st payment$4,058.84$4,058.84$4,636.72
2nd payment$0.00$681.16$0.00
Taxes / mo$206.00$206.00$206.00
Insurance / mo$216.67$216.67$216.67
MI / mo$273.52$273.52$135.00
HOA / mo$221.67$221.67$221.67
Total monthly$4,976.69$5,657.85$5,416.05
Cash to close$165,821$74,999$74,999