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$438,632$438,632$449,910
Remaining term (yrs)27.427.430.0
Secondary amount$0$36,273$0
Funding fee$0$0$0
Note rate6.780%6.780%7.400%
Blended rate7.330%7.677%7.640%
1st payment$2,932.56$2,932.56$3,115.09
2nd payment$0.00$358.95$0.00
Taxes / mo$109.33$109.33$109.33
Insurance / mo$166.67$166.67$166.67
MI / mo$206.59$206.59$89.98
HOA / mo$78.33$78.33$78.33
Total monthly$3,493.48$3,852.44$3,559.39
Cash to close$61,268$24,995$49,990