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$327,262$327,262$386,999
Remaining term (yrs)29.229.230.0
Secondary amount$0$59,737$0
Funding fee$0$0$0
Note rate6.260%6.260%7.400%
Blended rate6.810%7.148%7.640%
1st payment$2,032.82$2,032.82$2,679.50
2nd payment$0.00$448.03$0.00
Taxes / mo$161.42$161.42$161.42
Insurance / mo$150.00$150.00$150.00
MI / mo$151.16$151.16$77.40
HOA / mo$41.67$41.67$41.67
Total monthly$2,537.07$2,985.10$3,109.99
Cash to close$102,737$43,000$43,000