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$643,910$643,910$638,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$30,495$0
Funding fee$0$0$0
Note rate3.690%3.690%7.320%
Blended rate4.540%4.872%7.560%
1st payment$3,243.93$3,243.93$4,388.87
2nd payment$0.00$301.77$0.00
Taxes / mo$417.58$417.58$417.58
Insurance / mo$216.67$216.67$216.67
MI / mo$499.83$499.83$127.78
HOA / mo$66.33$66.33$66.33
Total monthly$4,444.34$4,746.11$5,217.23
Cash to close$65,990$35,495$70,990