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$272,881$272,881$292,410
Remaining term (yrs)25.925.930.0
Secondary amount$0$35,774$0
Funding fee$0$0$0
Note rate5.410%5.410%7.320%
Blended rate6.260%6.911%7.560%
1st payment$1,631.08$1,631.08$2,008.65
2nd payment$0.00$354.01$0.00
Taxes / mo$266.33$266.33$266.33
Insurance / mo$150.00$150.00$150.00
MI / mo$205.52$205.52$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,252.93$2,606.94$2,483.47
Cash to close$52,019$16,245$32,490