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$337,203$337,203$375,300
Remaining term (yrs)26.326.330.0
Secondary amount$0$38,097$0
Funding fee$0$0$0
Note rate6.420%6.420%7.320%
Blended rate7.270%7.446%7.560%
1st payment$2,211.52$2,211.52$2,578.05
2nd payment$0.00$285.73$0.00
Taxes / mo$412.75$412.75$412.75
Insurance / mo$150.00$150.00$150.00
MI / mo$249.91$249.91$75.06
HOA / mo$0.00$0.00$0.00
Total monthly$3,024.18$3,309.91$3,215.86
Cash to close$79,797$41,700$41,700