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$409,140$409,140$445,410
Remaining term (yrs)26.326.330.0
Secondary amount$0$36,270$0
Funding fee$0$0$0
Note rate6.090%6.090%7.320%
Blended rate6.640%6.832%7.560%
1st payment$2,595.27$2,595.27$3,059.66
2nd payment$0.00$272.02$0.00
Taxes / mo$574.83$574.83$574.83
Insurance / mo$166.67$166.67$166.67
MI / mo$196.50$196.50$89.08
HOA / mo$299.00$299.00$299.00
Total monthly$3,832.27$4,104.29$4,189.24
Cash to close$85,760$49,490$49,490