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$312,193$312,193$377,991
Remaining term (yrs)26.926.930.0
Secondary amount$0$65,798$0
Funding fee$0$0$0
Note rate6.490%6.490%7.320%
Blended rate7.040%7.381%7.560%
1st payment$2,042.29$2,042.29$2,596.54
2nd payment$0.00$493.49$0.00
Taxes / mo$294.50$294.50$294.50
Insurance / mo$150.00$150.00$150.00
MI / mo$146.59$146.59$75.60
HOA / mo$73.00$73.00$73.00
Total monthly$2,706.37$3,199.86$3,189.63
Cash to close$107,797$41,999$41,999