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$416,939$416,939$940,500
Remaining term (yrs)17.917.930.0
Secondary amount$0$523,561$0
Funding fee$0$0$0
Note rate4.140%4.140%7.400%
Blended rate4.990%6.526%7.640%
1st payment$2,741.18$2,741.18$6,511.83
2nd payment$0.00$3,381.33$0.00
Taxes / mo$870.83$870.83$870.83
Insurance / mo$216.67$216.67$216.67
MI / mo$399.91$399.91$188.10
HOA / mo$0.00$0.00$0.00
Total monthly$4,228.60$7,609.93$7,787.43
Cash to close$628,061$104,500$104,500