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$411,638$411,638$413,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$25,267$0
Funding fee$0$0$0
Note rate6.280%6.280%7.320%
Blended rate6.830%7.122%7.560%
1st payment$2,656.85$2,656.85$2,843.27
2nd payment$0.00$250.04$0.00
Taxes / mo$473.42$473.42$473.42
Insurance / mo$166.67$166.67$166.67
MI / mo$197.15$197.15$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$3,494.08$3,744.12$3,566.14
Cash to close$48,262$22,995$45,990