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$372,071$372,071$382,410
Remaining term (yrs)27.427.430.0
Secondary amount$0$31,584$0
Funding fee$0$0$0
Note rate6.690%6.690%7.400%
Blended rate7.240%7.603%7.640%
1st payment$2,468.43$2,468.43$2,647.73
2nd payment$0.00$312.55$0.00
Taxes / mo$616.67$616.67$616.67
Insurance / mo$150.00$150.00$150.00
MI / mo$175.51$175.51$76.48
HOA / mo$58.33$58.33$58.33
Total monthly$3,468.94$3,781.49$3,549.21
Cash to close$52,829$21,245$42,490