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$445,353$445,353$449,910
Remaining term (yrs)27.827.830.0
Secondary amount$0$29,552$0
Funding fee$0$0$0
Note rate6.860%6.860%7.400%
Blended rate7.410%7.688%7.640%
1st payment$2,988.66$2,988.66$3,115.09
2nd payment$0.00$292.44$0.00
Taxes / mo$275.42$275.42$275.42
Insurance / mo$166.67$166.67$166.67
MI / mo$208.83$208.83$89.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,639.58$3,932.02$3,647.15
Cash to close$54,547$24,995$49,990