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$434,354$434,354$530,910
Remaining term (yrs)27.627.630.0
Secondary amount$0$96,556$0
Funding fee$0$0$0
Note rate7.170%7.170%7.400%
Blended rate7.720%7.953%7.640%
1st payment$3,009.19$3,009.19$3,675.91
2nd payment$0.00$724.17$0.00
Taxes / mo$383.83$383.83$383.83
Insurance / mo$166.67$166.67$166.67
MI / mo$203.80$203.80$106.18
HOA / mo$118.00$118.00$118.00
Total monthly$3,881.48$4,605.65$4,450.60
Cash to close$155,546$58,990$58,990