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$466,320$466,320$521,100
Remaining term (yrs)27.027.030.0
Secondary amount$0$54,780$0
Funding fee$0$0$0
Note rate7.310%7.310%7.400%
Blended rate7.860%7.980%7.640%
1st payment$3,295.77$3,295.77$3,607.99
2nd payment$0.00$410.85$0.00
Taxes / mo$595.50$595.50$595.50
Insurance / mo$166.67$166.67$166.67
MI / mo$220.12$220.12$104.22
HOA / mo$143.33$143.33$143.33
Total monthly$4,421.39$4,832.24$4,617.71
Cash to close$112,680$57,900$57,900