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$419,178$419,178$449,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$30,732$0
Funding fee$0$0$0
Note rate6.650%6.650%7.400%
Blended rate7.200%7.323%7.640%
1st payment$2,733.63$2,733.63$3,115.09
2nd payment$0.00$230.49$0.00
Taxes / mo$186.58$186.58$186.58
Insurance / mo$166.67$166.67$166.67
MI / mo$195.17$195.17$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,282.05$3,512.55$3,558.32
Cash to close$80,722$49,990$49,990