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$365,987$365,987$404,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$38,113$0
Funding fee$0$0$0
Note rate6.270%6.270%7.320%
Blended rate6.820%7.026%7.560%
1st payment$2,362.79$2,362.79$2,775.89
2nd payment$0.00$285.85$0.00
Taxes / mo$91.67$91.67$91.67
Insurance / mo$150.00$150.00$150.00
MI / mo$175.51$175.51$80.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,779.97$3,065.82$3,098.37
Cash to close$83,013$44,900$44,900