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$535,089$535,089$539,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$33,961$0
Funding fee$0$0$0
Note rate5.300%5.300%7.320%
Blended rate6.150%6.492%7.560%
1st payment$3,177.40$3,177.40$3,703.24
2nd payment$0.00$336.07$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$405.30$405.30$107.82
HOA / mo$191.00$191.00$191.00
Total monthly$4,439.54$4,775.61$4,667.90
Cash to close$63,911$29,950$59,900