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$339,039$339,039$370,791
Remaining term (yrs)28.628.630.0
Secondary amount$0$31,752$0
Funding fee$0$0$0
Note rate6.760%6.760%7.320%
Blended rate7.310%7.455%7.560%
1st payment$2,231.17$2,231.17$2,547.08
2nd payment$0.00$238.14$0.00
Taxes / mo$277.83$277.83$277.83
Insurance / mo$150.00$150.00$150.00
MI / mo$157.50$157.50$74.16
HOA / mo$0.00$0.00$0.00
Total monthly$2,816.51$3,054.65$3,049.07
Cash to close$72,951$41,199$41,199