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$448,271$448,271$449,100
Remaining term (yrs)26.626.630.0
Secondary amount$0$25,779$0
Funding fee$0$0$0
Note rate6.540%6.540%7.400%
Blended rate7.090%7.350%7.640%
1st payment$2,960.22$2,960.22$3,109.48
2nd payment$0.00$255.10$0.00
Taxes / mo$401.83$401.83$401.83
Insurance / mo$166.67$166.67$166.67
MI / mo$213.76$213.76$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,742.48$3,997.59$3,767.80
Cash to close$50,729$24,950$49,900