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$466,776$466,776$467,100
Remaining term (yrs)27.327.330.0
Secondary amount$0$26,274$0
Funding fee$0$0$0
Note rate6.610%6.610%7.400%
Blended rate7.160%7.411%7.640%
1st payment$3,075.92$3,075.92$3,234.11
2nd payment$0.00$260.01$0.00
Taxes / mo$432.50$432.50$432.50
Insurance / mo$166.67$166.67$166.67
MI / mo$220.52$220.52$93.42
HOA / mo$410.00$410.00$410.00
Total monthly$4,305.60$4,565.61$4,336.69
Cash to close$52,224$25,950$51,900