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$383,664$383,664$432,000
Remaining term (yrs)27.627.630.0
Secondary amount$0$48,336$0
Funding fee$0$0$0
Note rate7.170%7.170%7.400%
Blended rate7.720%7.863%7.640%
1st payment$2,658.00$2,658.00$2,991.08
2nd payment$0.00$362.52$0.00
Taxes / mo$330.50$330.50$330.50
Insurance / mo$166.67$166.67$166.67
MI / mo$180.01$180.01$86.40
HOA / mo$1.58$1.58$1.58
Total monthly$3,336.76$3,699.29$3,576.23
Cash to close$96,336$48,000$48,000