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$445,655$445,655$449,910
Remaining term (yrs)27.727.730.0
Secondary amount$0$29,250$0
Funding fee$0$0$0
Note rate6.780%6.780%7.400%
Blended rate7.330%7.610%7.640%
1st payment$2,970.40$2,970.40$3,115.09
2nd payment$0.00$289.45$0.00
Taxes / mo$649.50$649.50$649.50
Insurance / mo$166.67$166.67$166.67
MI / mo$209.26$209.26$89.98
HOA / mo$103.33$103.33$103.33
Total monthly$4,099.15$4,388.60$4,124.56
Cash to close$54,245$24,995$49,990