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$430,662$430,662$449,991
Remaining term (yrs)27.527.530.0
Secondary amount$0$44,329$0
Funding fee$0$0$0
Note rate6.900%6.900%7.320%
Blended rate7.450%7.863%7.560%
1st payment$2,910.02$2,910.02$3,091.13
2nd payment$0.00$438.67$0.00
Taxes / mo$416.66$416.66$416.66
Insurance / mo$166.67$166.67$166.67
MI / mo$202.51$202.51$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,695.86$4,134.53$3,764.45
Cash to close$69,328$25,000$49,999