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$441,540$441,540$445,410
Remaining term (yrs)26.426.430.0
Secondary amount$0$28,615$0
Funding fee$0$0$0
Note rate6.650%6.650%7.400%
Blended rate7.200%7.485%7.640%
1st payment$2,953.53$2,953.53$3,083.93
2nd payment$0.00$283.17$0.00
Taxes / mo$764.67$764.67$764.67
Insurance / mo$166.67$166.67$166.67
MI / mo$210.87$210.87$89.08
HOA / mo$80.00$80.00$80.00
Total monthly$4,175.73$4,458.90$4,184.34
Cash to close$53,360$24,745$49,490