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$433,634$433,634$449,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$41,271$0
Funding fee$0$0$0
Note rate6.940%6.940%7.400%
Blended rate7.490%7.871%7.640%
1st payment$2,944.39$2,944.39$3,115.09
2nd payment$0.00$408.41$0.00
Taxes / mo$136.42$136.42$136.42
Insurance / mo$166.67$166.67$166.67
MI / mo$204.08$204.08$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,451.55$3,859.97$3,508.15
Cash to close$66,266$24,995$49,990