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$368,657$368,657$445,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$76,843$0
Funding fee$0$0$0
Note rate6.580%6.580%7.320%
Blended rate7.130%7.453%7.560%
1st payment$2,373.48$2,373.48$3,060.28
2nd payment$0.00$576.32$0.00
Taxes / mo$262.75$262.75$262.75
Insurance / mo$166.67$166.67$166.67
MI / mo$170.69$170.69$89.10
HOA / mo$136.00$136.00$136.00
Total monthly$3,109.58$3,685.90$3,714.79
Cash to close$126,343$49,500$49,500