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$421,906$421,906$476,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$54,194$0
Funding fee$0$0$0
Note rate5.810%5.810%7.400%
Blended rate6.660%6.926%7.640%
1st payment$2,624.21$2,624.21$3,296.42
2nd payment$0.00$406.45$0.00
Taxes / mo$440.83$440.83$440.83
Insurance / mo$166.67$166.67$166.67
MI / mo$316.45$316.45$95.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,548.17$3,954.62$3,999.14
Cash to close$107,094$52,900$52,900