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$364,138$364,138$440,991
Remaining term (yrs)26.626.630.0
Secondary amount$0$76,853$0
Funding fee$0$0$0
Note rate6.390%6.390%7.400%
Blended rate6.940%7.299%7.640%
1st payment$2,369.91$2,369.91$3,053.33
2nd payment$0.00$576.40$0.00
Taxes / mo$169.08$169.08$169.08
Insurance / mo$166.67$166.67$166.67
MI / mo$173.83$173.83$88.20
HOA / mo$70.83$70.83$70.83
Total monthly$2,950.33$3,526.72$3,548.11
Cash to close$125,852$48,999$48,999