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$528,463$528,463$989,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$461,447$0
Funding fee$0$0$0
Note rate4.420%4.420%7.400%
Blended rate5.270%6.426%7.640%
1st payment$2,872.07$2,872.07$6,853.94
2nd payment$0.00$2,980.18$0.00
Taxes / mo$916.58$916.58$916.58
Insurance / mo$216.67$216.67$216.67
MI / mo$405.30$405.30$197.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,410.62$7,390.80$8,185.17
Cash to close$571,437$109,990$109,990