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$374,198$374,198$395,910
Remaining term (yrs)26.226.230.0
Secondary amount$0$43,707$0
Funding fee$0$0$0
Note rate6.490%6.490%7.400%
Blended rate7.340%7.814%7.640%
1st payment$2,473.70$2,473.70$2,741.20
2nd payment$0.00$432.51$0.00
Taxes / mo$191.17$191.17$191.17
Insurance / mo$150.00$150.00$150.00
MI / mo$277.51$277.51$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,092.37$3,524.88$3,161.55
Cash to close$65,702$21,995$43,990