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$9,809$9,809$427,410
Remaining term (yrs)25.825.830.0
Secondary amount$0$417,601$0
Funding fee$0$0$0
Note rate6.910%6.910%7.320%
Blended rate7.460%7.743%7.560%
1st payment$67.86$67.86$2,936.01
2nd payment$0.00$2,697.01$0.00
Taxes / mo$671.32$671.32$671.32
Insurance / mo$166.67$166.67$166.67
MI / mo$4.56$4.56$85.48
HOA / mo$49.67$49.67$49.67
Total monthly$960.08$3,657.09$3,909.15
Cash to close$465,091$47,490$47,490