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$376,674$376,674$418,499
Remaining term (yrs)26.326.330.0
Secondary amount$0$41,825$0
Funding fee$0$0$0
Note rate6.270%6.270%7.320%
Blended rate7.120%7.308%7.560%
1st payment$2,434.78$2,434.78$2,874.80
2nd payment$0.00$313.69$0.00
Taxes / mo$535.25$535.25$535.25
Insurance / mo$166.67$166.67$166.67
MI / mo$279.51$279.51$83.70
HOA / mo$73.67$73.67$73.67
Total monthly$3,489.88$3,803.57$3,734.08
Cash to close$88,325$46,500$46,500