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$441,476$441,476$467,910
Remaining term (yrs)26.826.830.0
Secondary amount$0$26,434$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.321%7.640%
1st payment$2,945.46$2,945.46$3,239.71
2nd payment$0.00$198.26$0.00
Taxes / mo$574.00$574.00$574.00
Insurance / mo$166.67$166.67$166.67
MI / mo$209.86$209.86$93.58
HOA / mo$87.50$87.50$87.50
Total monthly$3,983.49$4,181.75$4,161.46
Cash to close$78,424$51,990$51,990