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$329,924$329,924$391,500
Remaining term (yrs)26.526.530.0
Secondary amount$0$61,576$0
Funding fee$0$0$0
Note rate6.540%6.540%7.320%
Blended rate7.090%7.390%7.560%
1st payment$2,181.21$2,181.21$2,689.33
2nd payment$0.00$461.82$0.00
Taxes / mo$87.00$87.00$87.00
Insurance / mo$150.00$150.00$150.00
MI / mo$157.51$157.51$78.30
HOA / mo$0.00$0.00$0.00
Total monthly$2,575.72$3,037.55$3,004.63
Cash to close$105,076$43,500$43,500