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$372,739$372,739$522,000
Remaining term (yrs)26.326.330.0
Secondary amount$0$149,261$0
Funding fee$0$0$0
Note rate6.420%6.420%7.320%
Blended rate7.270%7.479%7.560%
1st payment$2,444.58$2,444.58$3,585.78
2nd payment$0.00$995.07$0.00
Taxes / mo$483.33$483.33$483.33
Insurance / mo$166.67$166.67$166.67
MI / mo$276.25$276.25$104.40
HOA / mo$437.00$437.00$437.00
Total monthly$3,807.83$4,802.91$4,777.18
Cash to close$207,261$58,000$58,000