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$447,849$447,849$485,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$38,061$0
Funding fee$0$0$0
Note rate6.660%6.660%7.400%
Blended rate7.210%7.350%7.640%
1st payment$2,965.64$2,965.64$3,364.34
2nd payment$0.00$285.46$0.00
Taxes / mo$384.08$384.08$384.08
Insurance / mo$166.67$166.67$166.67
MI / mo$211.51$211.51$97.18
HOA / mo$70.00$70.00$70.00
Total monthly$3,797.90$4,083.36$4,082.27
Cash to close$92,051$53,990$53,990