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$411,525$411,525$494,991
Remaining term (yrs)27.327.330.0
Secondary amount$0$83,466$0
Funding fee$0$0$0
Note rate6.610%6.610%7.400%
Blended rate7.160%7.470%7.640%
1st payment$2,711.83$2,711.83$3,427.22
2nd payment$0.00$626.00$0.00
Taxes / mo$269.83$269.83$269.83
Insurance / mo$166.67$166.67$166.67
MI / mo$194.41$194.41$99.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,342.75$3,968.74$3,962.72
Cash to close$138,465$54,999$54,999