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$443,749$443,749$481,500
Remaining term (yrs)28.128.130.0
Secondary amount$0$37,751$0
Funding fee$0$0$0
Note rate7.220%7.220%7.400%
Blended rate7.770%7.866%7.640%
1st payment$3,071.92$3,071.92$3,333.81
2nd payment$0.00$283.13$0.00
Taxes / mo$646.17$646.17$646.17
Insurance / mo$166.67$166.67$166.67
MI / mo$207.01$207.01$96.30
HOA / mo$0.00$0.00$0.00
Total monthly$4,091.76$4,374.89$4,242.94
Cash to close$91,251$53,500$53,500