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$339,784$339,784$422,100
Remaining term (yrs)27.627.630.0
Secondary amount$0$82,316$0
Funding fee$0$0$0
Note rate6.820%6.820%7.400%
Blended rate7.370%7.688%7.640%
1st payment$2,275.90$2,275.90$2,922.54
2nd payment$0.00$617.37$0.00
Taxes / mo$802.39$802.39$802.39
Insurance / mo$166.67$166.67$166.67
MI / mo$159.68$159.68$84.42
HOA / mo$35.00$35.00$35.00
Total monthly$3,439.63$4,057.00$4,011.01
Cash to close$129,216$46,900$46,900