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$327,446$327,446$404,100
Remaining term (yrs)29.129.130.0
Secondary amount$0$76,654$0
Funding fee$0$0$0
Note rate6.190%6.190%7.320%
Blended rate6.740%7.169%7.560%
1st payment$2,021.21$2,021.21$2,775.89
2nd payment$0.00$574.90$0.00
Taxes / mo$539.33$539.33$539.33
Insurance / mo$150.00$150.00$150.00
MI / mo$151.42$151.42$80.82
HOA / mo$124.00$124.00$124.00
Total monthly$2,985.96$3,560.86$3,670.04
Cash to close$121,554$44,900$44,900