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$474,053$474,053$566,091
Remaining term (yrs)25.525.530.0
Secondary amount$0$92,038$0
Funding fee$0$0$0
Note rate4.170%4.170%7.320%
Blended rate5.020%5.667%7.560%
1st payment$2,509.43$2,509.43$3,888.65
2nd payment$0.00$690.29$0.00
Taxes / mo$221.75$221.75$221.75
Insurance / mo$166.67$166.67$166.67
MI / mo$364.79$364.79$113.22
HOA / mo$50.00$50.00$50.00
Total monthly$3,312.64$4,002.92$4,440.29
Cash to close$154,937$62,899$62,899