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$459,097$459,097$458,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$25,308$0
Funding fee$0$0$0
Note rate5.110%5.110%7.400%
Blended rate5.960%6.269%7.640%
1st payment$2,666.11$2,666.11$3,177.40
2nd payment$0.00$250.44$0.00
Taxes / mo$424.92$424.92$424.92
Insurance / mo$166.67$166.67$166.67
MI / mo$347.43$347.43$91.78
HOA / mo$194.00$194.00$194.00
Total monthly$3,799.12$4,049.57$4,054.77
Cash to close$50,803$25,495$50,990