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$475,286$475,286$503,910
Remaining term (yrs)28.328.330.0
Secondary amount$0$28,624$0
Funding fee$0$0$0
Note rate6.810%6.810%7.400%
Blended rate7.360%7.453%7.640%
1st payment$3,155.38$3,155.38$3,488.97
2nd payment$0.00$214.68$0.00
Taxes / mo$466.58$466.58$466.58
Insurance / mo$166.67$166.67$166.67
MI / mo$221.61$221.61$100.78
HOA / mo$167.00$167.00$167.00
Total monthly$4,177.25$4,391.92$4,390.00
Cash to close$84,614$55,990$55,990