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$539,522$539,522$674,910
Remaining term (yrs)28.228.230.0
Secondary amount$0$135,388$0
Funding fee$0$0$0
Note rate6.780%6.780%7.320%
Blended rate7.330%7.464%7.560%
1st payment$3,574.69$3,574.69$4,636.16
2nd payment$0.00$902.59$0.00
Taxes / mo$675.08$675.08$675.08
Insurance / mo$216.67$216.67$216.67
MI / mo$251.83$251.83$134.98
HOA / mo$60.00$60.00$60.00
Total monthly$4,778.27$5,680.86$5,722.90
Cash to close$210,378$74,990$74,990