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$476,798$476,798$503,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$26,302$0
Funding fee$0$0$0
Note rate7.190%7.190%7.400%
Blended rate7.740%7.806%7.640%
1st payment$3,328.79$3,328.79$3,483.36
2nd payment$0.00$197.27$0.00
Taxes / mo$465.83$465.83$465.83
Insurance / mo$166.67$166.67$166.67
MI / mo$224.99$224.99$100.62
HOA / mo$125.00$125.00$125.00
Total monthly$4,311.29$4,508.55$4,341.48
Cash to close$82,202$55,900$55,900