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$332,963$332,963$449,100
Remaining term (yrs)26.426.430.0
Secondary amount$0$116,137$0
Funding fee$0$0$0
Note rate6.260%6.260%7.320%
Blended rate6.810%7.118%7.560%
1st payment$2,144.87$2,144.87$3,085.01
2nd payment$0.00$774.24$0.00
Taxes / mo$389.75$389.75$389.75
Insurance / mo$166.67$166.67$166.67
MI / mo$159.49$159.49$89.82
HOA / mo$67.00$67.00$67.00
Total monthly$2,927.78$3,702.02$3,798.24
Cash to close$166,037$49,900$49,900