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$0$0$535,410
Remaining term (yrs)29.629.630.0
Secondary amount$0$535,410$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.750%7.640%
1st payment$0.00$0.00$3,707.07
2nd payment$0.00$3,457.86$0.00
Taxes / mo$495.75$495.75$495.75
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$107.08
HOA / mo$0.00$0.00$0.00
Total monthly$662.42$4,120.27$4,476.57
Cash to close$594,900$59,490$59,490