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$65,123$65,123$449,999
Remaining term (yrs)13.913.930.0
Secondary amount$0$384,876$0
Funding fee$0$0$0
Note rate4.360%4.360%7.400%
Blended rate5.210%7.382%7.640%
1st payment$516.36$516.36$3,115.70
2nd payment$0.00$2,485.66$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$73.39$73.39$90.00
HOA / mo$375.00$375.00$375.00
Total monthly$1,548.08$4,033.74$4,164.04
Cash to close$434,876$50,000$50,000