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$435,171$435,171$463,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$28,329$0
Funding fee$0$0$0
Note rate6.370%6.370%7.400%
Blended rate6.920%7.047%7.640%
1st payment$2,726.25$2,726.25$3,209.18
2nd payment$0.00$212.47$0.00
Taxes / mo$429.17$429.17$429.17
Insurance / mo$166.67$166.67$166.67
MI / mo$200.39$200.39$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,522.47$3,734.94$3,897.71
Cash to close$79,829$51,500$51,500