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$273,564$273,564$319,410
Remaining term (yrs)27.127.130.0
Secondary amount$0$45,846$0
Funding fee$0$0$0
Note rate7.570%7.570%7.400%
Blended rate8.120%8.246%7.640%
1st payment$1,978.87$1,978.87$2,211.53
2nd payment$0.00$343.85$0.00
Taxes / mo$268.83$268.83$268.83
Insurance / mo$150.00$150.00$150.00
MI / mo$128.83$128.83$63.88
HOA / mo$243.00$243.00$243.00
Total monthly$2,769.53$3,113.38$2,937.25
Cash to close$81,336$35,490$35,490