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$465,569$465,569$485,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$47,336$0
Funding fee$0$0$0
Note rate6.900%6.900%7.400%
Blended rate7.450%7.858%7.640%
1st payment$3,168.62$3,168.62$3,364.34
2nd payment$0.00$468.43$0.00
Taxes / mo$449.92$449.92$449.92
Insurance / mo$166.67$166.67$166.67
MI / mo$220.51$220.51$97.18
HOA / mo$156.00$156.00$156.00
Total monthly$4,161.71$4,630.14$4,234.11
Cash to close$74,331$26,995$53,990