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$559,787$559,787$809,999
Remaining term (yrs)23.123.130.0
Secondary amount$0$250,212$0
Funding fee$0$0$0
Note rate3.690%3.690%7.400%
Blended rate4.540%5.532%7.640%
1st payment$2,991.56$2,991.56$5,608.27
2nd payment$0.00$1,615.95$0.00
Taxes / mo$750.00$750.00$750.00
Insurance / mo$216.67$216.67$216.67
MI / mo$460.94$460.94$162.00
HOA / mo$195.00$195.00$195.00
Total monthly$4,614.17$6,230.12$6,931.94
Cash to close$340,212$90,000$90,000