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$286,788$286,788$305,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$35,262$0
Funding fee$0$0$0
Note rate6.740%6.740%7.320%
Blended rate7.290%7.792%7.560%
1st payment$1,907.95$1,907.95$2,095.83
2nd payment$0.00$348.95$0.00
Taxes / mo$276.83$276.83$276.83
Insurance / mo$150.00$150.00$150.00
MI / mo$134.96$134.96$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,469.75$2,818.70$2,583.68
Cash to close$52,212$16,950$33,900