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$345,778$345,778$359,082
Remaining term (yrs)27.927.930.0
Secondary amount$0$33,253$0
Funding fee$0$0$0
Note rate6.730%6.730%7.400%
Blended rate7.280%7.683%7.640%
1st payment$2,288.79$2,288.79$2,486.21
2nd payment$0.00$329.06$0.00
Taxes / mo$397.25$397.25$397.25
Insurance / mo$150.00$150.00$150.00
MI / mo$162.07$162.07$71.82
HOA / mo$68.75$68.75$68.75
Total monthly$3,066.86$3,395.92$3,174.03
Cash to close$53,202$19,949$39,898