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$365,448$365,448$418,500
Remaining term (yrs)27.727.730.0
Secondary amount$0$53,052$0
Funding fee$0$0$0
Note rate7.060%7.060%7.400%
Blended rate7.610%7.786%7.640%
1st payment$2,502.86$2,502.86$2,897.61
2nd payment$0.00$397.89$0.00
Taxes / mo$373.83$373.83$373.83
Insurance / mo$166.67$166.67$166.67
MI / mo$171.39$171.39$83.70
HOA / mo$16.67$16.67$16.67
Total monthly$3,231.41$3,629.30$3,538.48
Cash to close$99,552$46,500$46,500