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$368,182$368,182$395,910
Remaining term (yrs)27.527.530.0
Secondary amount$0$27,728$0
Funding fee$0$0$0
Note rate6.820%6.820%7.400%
Blended rate7.370%7.484%7.640%
1st payment$2,468.62$2,468.62$2,741.20
2nd payment$0.00$207.96$0.00
Taxes / mo$171.75$171.75$171.75
Insurance / mo$150.00$150.00$150.00
MI / mo$173.20$173.20$79.18
HOA / mo$35.00$35.00$35.00
Total monthly$2,998.57$3,206.52$3,177.13
Cash to close$71,718$43,990$43,990