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$444,979$444,979$467,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$48,071$0
Funding fee$0$0$0
Note rate6.430%6.430%7.400%
Blended rate6.980%7.457%7.640%
1st payment$2,903.94$2,903.94$3,234.11
2nd payment$0.00$475.70$0.00
Taxes / mo$432.50$432.50$432.50
Insurance / mo$166.67$166.67$166.67
MI / mo$212.12$212.12$93.42
HOA / mo$468.00$468.00$468.00
Total monthly$4,183.22$4,658.93$4,394.69
Cash to close$74,021$25,950$51,900