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$423,575$423,575$436,410
Remaining term (yrs)26.826.830.0
Secondary amount$0$37,080$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.723%7.640%
1st payment$2,864.24$2,864.24$3,021.61
2nd payment$0.00$366.94$0.00
Taxes / mo$384.33$384.33$384.33
Insurance / mo$166.67$166.67$166.67
MI / mo$201.16$201.16$87.28
HOA / mo$84.00$84.00$84.00
Total monthly$3,700.41$4,067.35$3,743.90
Cash to close$61,325$24,245$48,490