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$432,249$432,249$479,250
Remaining term (yrs)26.426.430.0
Secondary amount$0$47,001$0
Funding fee$0$0$0
Note rate6.130%6.130%7.400%
Blended rate6.680%6.908%7.640%
1st payment$2,752.65$2,752.65$3,318.23
2nd payment$0.00$352.51$0.00
Taxes / mo$395.25$395.25$395.25
Insurance / mo$166.67$166.67$166.67
MI / mo$207.53$207.53$95.85
HOA / mo$104.00$104.00$104.00
Total monthly$3,626.09$3,978.60$4,080.00
Cash to close$100,251$53,250$53,250