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$354,210$354,210$377,991
Remaining term (yrs)27.127.130.0
Secondary amount$0$44,781$0
Funding fee$0$0$0
Note rate5.990%5.990%7.320%
Blended rate6.540%7.139%7.560%
1st payment$2,199.89$2,199.89$2,596.54
2nd payment$0.00$443.14$0.00
Taxes / mo$714.19$714.19$714.19
Insurance / mo$150.00$150.00$150.00
MI / mo$168.35$168.35$75.60
HOA / mo$51.00$51.00$51.00
Total monthly$3,283.43$3,726.57$3,587.32
Cash to close$65,780$21,000$41,999