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$437,579$437,579$438,300
Remaining term (yrs)26.726.730.0
Secondary amount$0$25,071$0
Funding fee$0$0$0
Note rate6.430%6.430%7.320%
Blended rate6.980%7.245%7.560%
1st payment$2,855.65$2,855.65$3,010.82
2nd payment$0.00$248.10$0.00
Taxes / mo$497.21$497.21$497.21
Insurance / mo$166.67$166.67$166.67
MI / mo$208.59$208.59$87.66
HOA / mo$35.42$35.42$35.42
Total monthly$3,763.54$4,011.63$3,797.78
Cash to close$49,421$24,350$48,700