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$546,939$546,939$566,910
Remaining term (yrs)28.028.030.0
Secondary amount$0$51,466$0
Funding fee$0$0$0
Note rate6.080%6.080%7.400%
Blended rate6.630%7.081%7.640%
1st payment$3,384.37$3,384.37$3,925.17
2nd payment$0.00$509.29$0.00
Taxes / mo$524.92$524.92$524.92
Insurance / mo$166.67$166.67$166.67
MI / mo$256.52$256.52$113.38
HOA / mo$0.00$0.00$0.00
Total monthly$4,332.48$4,841.77$4,730.14
Cash to close$82,961$31,495$62,990