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$334,124$334,124$359,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$25,786$0
Funding fee$0$0$0
Note rate7.060%7.060%7.400%
Blended rate7.610%7.710%7.640%
1st payment$2,288.33$2,288.33$2,491.94
2nd payment$0.00$193.39$0.00
Taxes / mo$558.83$558.83$558.83
Insurance / mo$150.00$150.00$150.00
MI / mo$156.70$156.70$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,153.86$3,347.25$3,272.76
Cash to close$65,776$39,990$39,990