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$422,124$422,124$427,410
Remaining term (yrs)28.828.830.0
Secondary amount$0$29,031$0
Funding fee$0$0$0
Note rate6.560%6.560%7.320%
Blended rate7.110%7.417%7.560%
1st payment$2,714.79$2,714.79$2,936.01
2nd payment$0.00$287.28$0.00
Taxes / mo$115.83$115.83$115.83
Insurance / mo$166.67$166.67$166.67
MI / mo$195.64$195.64$85.48
HOA / mo$135.00$135.00$135.00
Total monthly$3,327.93$3,615.21$3,438.99
Cash to close$52,776$23,745$47,490