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$438,224$438,224$449,100
Remaining term (yrs)26.626.630.0
Secondary amount$0$35,826$0
Funding fee$0$0$0
Note rate6.350%6.350%7.320%
Blended rate6.900%7.276%7.560%
1st payment$2,840.99$2,840.99$3,085.01
2nd payment$0.00$354.52$0.00
Taxes / mo$172.67$172.67$172.67
Insurance / mo$166.67$166.67$166.67
MI / mo$209.26$209.26$89.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,389.58$3,744.11$3,514.16
Cash to close$60,776$24,950$49,900