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$466,798$466,798$467,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$26,252$0
Funding fee$0$0$0
Note rate4.720%4.720%7.320%
Blended rate5.570%5.906%7.560%
1st payment$2,617.24$2,617.24$3,208.65
2nd payment$0.00$259.78$0.00
Taxes / mo$204.83$204.83$204.83
Insurance / mo$166.67$166.67$166.67
MI / mo$356.62$356.62$93.42
HOA / mo$367.00$367.00$367.00
Total monthly$3,712.36$3,972.14$4,040.57
Cash to close$52,202$25,950$51,900