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$372,802$372,802$404,100
Remaining term (yrs)26.826.830.0
Secondary amount$0$31,298$0
Funding fee$0$0$0
Note rate6.670%6.670%7.320%
Blended rate7.220%7.358%7.560%
1st payment$2,487.28$2,487.28$2,775.89
2nd payment$0.00$234.74$0.00
Taxes / mo$473.92$473.92$473.92
Insurance / mo$150.00$150.00$150.00
MI / mo$177.21$177.21$80.82
HOA / mo$111.67$111.67$111.67
Total monthly$3,400.08$3,634.82$3,592.29
Cash to close$76,198$44,900$44,900