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$333,168$333,168$346,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$32,582$0
Funding fee$0$0$0
Note rate6.090%6.090%7.320%
Blended rate6.640%7.106%7.560%
1st payment$2,026.85$2,026.85$2,380.21
2nd payment$0.00$322.42$0.00
Taxes / mo$233.33$233.33$233.33
Insurance / mo$150.00$150.00$150.00
MI / mo$153.46$153.46$69.30
HOA / mo$100.00$100.00$100.00
Total monthly$2,663.64$2,986.07$2,932.85
Cash to close$51,832$19,250$38,500