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$526,007$526,007$602,910
Remaining term (yrs)29.329.330.0
Secondary amount$0$76,903$0
Funding fee$0$0$0
Note rate6.180%6.180%7.320%
Blended rate6.730%7.020%7.560%
1st payment$3,233.71$3,233.71$4,141.57
2nd payment$0.00$576.77$0.00
Taxes / mo$558.25$558.25$558.25
Insurance / mo$166.67$166.67$166.67
MI / mo$242.50$242.50$120.58
HOA / mo$87.00$87.00$87.00
Total monthly$4,288.13$4,864.90$5,074.07
Cash to close$143,893$66,990$66,990