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$435,816$435,816$475,200
Remaining term (yrs)27.427.430.0
Secondary amount$0$39,384$0
Funding fee$0$0$0
Note rate7.030%7.030%7.320%
Blended rate7.580%7.698%7.560%
1st payment$2,987.88$2,987.88$3,264.29
2nd payment$0.00$295.38$0.00
Taxes / mo$440.00$440.00$440.00
Insurance / mo$166.67$166.67$166.67
MI / mo$205.22$205.22$95.04
HOA / mo$155.00$155.00$155.00
Total monthly$3,954.76$4,250.14$4,121.00
Cash to close$92,184$52,800$52,800