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$386,272$386,272$485,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$99,638$0
Funding fee$0$0$0
Note rate6.150%6.150%7.320%
Blended rate6.700%7.172%7.560%
1st payment$2,464.68$2,464.68$3,337.86
2nd payment$0.00$747.29$0.00
Taxes / mo$222.25$222.25$222.25
Insurance / mo$166.67$166.67$166.67
MI / mo$185.42$185.42$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,039.02$3,786.31$3,823.96
Cash to close$153,628$53,990$53,990