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$466,155$466,155$472,500
Remaining term (yrs)27.927.930.0
Secondary amount$0$32,595$0
Funding fee$0$0$0
Note rate6.580%6.580%7.400%
Blended rate7.130%7.440%7.640%
1st payment$3,040.19$3,040.19$3,271.49
2nd payment$0.00$322.56$0.00
Taxes / mo$574.92$574.92$574.92
Insurance / mo$166.67$166.67$166.67
MI / mo$216.22$216.22$94.50
HOA / mo$23.50$23.50$23.50
Total monthly$4,021.50$4,344.06$4,131.08
Cash to close$58,845$26,250$52,500