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$365,068$365,068$422,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$57,842$0
Funding fee$0$0$0
Note rate6.630%6.630%7.320%
Blended rate7.180%7.429%7.560%
1st payment$2,376.00$2,376.00$2,905.10
2nd payment$0.00$433.81$0.00
Taxes / mo$251.83$251.83$251.83
Insurance / mo$166.67$166.67$166.67
MI / mo$169.99$169.99$84.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,964.48$3,398.30$3,408.18
Cash to close$104,832$46,990$46,990