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$548,342$548,342$674,910
Remaining term (yrs)29.229.230.0
Secondary amount$0$126,568$0
Funding fee$0$0$0
Note rate6.260%6.260%7.320%
Blended rate6.810%7.033%7.560%
1st payment$3,406.09$3,406.09$4,636.16
2nd payment$0.00$843.79$0.00
Taxes / mo$191.42$191.42$191.42
Insurance / mo$216.67$216.67$216.67
MI / mo$253.28$253.28$134.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,067.45$4,911.23$5,179.23
Cash to close$201,558$74,990$74,990