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$369,734$369,734$386,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$38,671$0
Funding fee$0$0$0
Note rate6.780%6.780%7.320%
Blended rate7.330%7.760%7.560%
1st payment$2,459.41$2,459.41$2,657.80
2nd payment$0.00$382.68$0.00
Taxes / mo$134.75$134.75$134.75
Insurance / mo$150.00$150.00$150.00
MI / mo$173.26$173.26$77.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,917.42$3,300.10$3,019.94
Cash to close$60,166$21,495$42,990