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$382,878$382,878$414,000
Remaining term (yrs)26.426.430.0
Secondary amount$0$31,122$0
Funding fee$0$0$0
Note rate6.270%6.270%7.400%
Blended rate6.820%6.984%7.640%
1st payment$2,471.84$2,471.84$2,866.45
2nd payment$0.00$233.41$0.00
Taxes / mo$468.50$468.50$468.50
Insurance / mo$166.67$166.67$166.67
MI / mo$183.61$183.61$82.80
HOA / mo$115.00$115.00$115.00
Total monthly$3,405.62$3,639.03$3,699.42
Cash to close$77,122$46,000$46,000