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$459,661$459,661$494,991
Remaining term (yrs)26.426.430.0
Secondary amount$0$35,330$0
Funding fee$0$0$0
Note rate6.480%6.480%7.400%
Blended rate7.030%7.171%7.640%
1st payment$3,028.51$3,028.51$3,427.22
2nd payment$0.00$264.98$0.00
Taxes / mo$473.00$473.00$473.00
Insurance / mo$166.67$166.67$166.67
MI / mo$220.07$220.07$99.00
HOA / mo$82.00$82.00$82.00
Total monthly$3,970.24$4,235.22$4,247.88
Cash to close$90,329$54,999$54,999