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$377,177$377,177$383,391
Remaining term (yrs)26.626.630.0
Secondary amount$0$27,513$0
Funding fee$0$0$0
Note rate6.390%6.390%7.400%
Blended rate6.940%7.276%7.640%
1st payment$2,454.77$2,454.77$2,654.52
2nd payment$0.00$272.27$0.00
Taxes / mo$507.08$507.08$507.08
Insurance / mo$150.00$150.00$150.00
MI / mo$180.06$180.06$76.68
HOA / mo$83.00$83.00$83.00
Total monthly$3,374.91$3,647.18$3,471.28
Cash to close$48,813$21,300$42,599