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$437,044$437,044$463,500
Remaining term (yrs)25.825.830.0
Secondary amount$0$26,456$0
Funding fee$0$0$0
Note rate5.090%5.090%7.400%
Blended rate5.940%6.115%7.640%
1st payment$2,532.88$2,532.88$3,209.18
2nd payment$0.00$198.42$0.00
Taxes / mo$429.17$429.17$429.17
Insurance / mo$166.67$166.67$166.67
MI / mo$330.81$330.81$92.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,459.53$3,657.94$3,897.71
Cash to close$77,956$51,500$51,500