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$329,907$329,907$341,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$30,143$0
Funding fee$0$0$0
Note rate6.740%6.740%7.320%
Blended rate7.290%7.674%7.560%
1st payment$2,194.82$2,194.82$2,343.12
2nd payment$0.00$298.29$0.00
Taxes / mo$467.83$467.83$467.83
Insurance / mo$150.00$150.00$150.00
MI / mo$155.26$155.26$68.22
HOA / mo$83.00$83.00$83.00
Total monthly$3,050.91$3,349.20$3,112.17
Cash to close$49,093$18,950$37,900