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$365,194$365,194$377,910
Remaining term (yrs)29.229.230.0
Secondary amount$0$33,711$0
Funding fee$0$0$0
Note rate6.260%6.260%7.400%
Blended rate6.810%7.238%7.640%
1st payment$2,268.44$2,268.44$2,616.57
2nd payment$0.00$333.60$0.00
Taxes / mo$115.50$115.50$115.50
Insurance / mo$150.00$150.00$150.00
MI / mo$168.68$168.68$75.58
HOA / mo$62.50$62.50$62.50
Total monthly$2,765.13$3,098.72$3,020.15
Cash to close$54,706$20,995$41,990