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$375,791$375,791$382,410
Remaining term (yrs)27.927.930.0
Secondary amount$0$27,864$0
Funding fee$0$0$0
Note rate6.090%6.090%7.400%
Blended rate6.640%7.001%7.640%
1st payment$2,332.95$2,332.95$2,647.73
2nd payment$0.00$275.74$0.00
Taxes / mo$439.92$439.92$439.92
Insurance / mo$150.00$150.00$150.00
MI / mo$176.64$176.64$76.48
HOA / mo$110.00$110.00$110.00
Total monthly$3,209.51$3,485.24$3,424.13
Cash to close$49,109$21,245$42,490