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$528,279$528,279$548,100
Remaining term (yrs)28.028.030.0
Secondary amount$0$50,271$0
Funding fee$0$0$0
Note rate6.320%6.320%7.400%
Blended rate6.870%7.305%7.640%
1st payment$3,349.73$3,349.73$3,794.93
2nd payment$0.00$497.47$0.00
Taxes / mo$535.00$535.00$535.00
Insurance / mo$166.67$166.67$166.67
MI / mo$247.52$247.52$109.62
HOA / mo$78.00$78.00$78.00
Total monthly$4,376.92$4,874.39$4,684.22
Cash to close$80,721$30,450$60,900