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$383,776$383,776$395,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$34,129$0
Funding fee$0$0$0
Note rate6.810%6.810%7.320%
Blended rate7.360%7.729%7.560%
1st payment$2,595.12$2,595.12$2,719.63
2nd payment$0.00$337.73$0.00
Taxes / mo$562.76$562.76$562.76
Insurance / mo$150.00$150.00$150.00
MI / mo$182.26$182.26$79.18
HOA / mo$121.67$121.67$121.67
Total monthly$3,611.82$3,949.55$3,633.24
Cash to close$56,124$21,995$43,990