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$476,207$476,207$562,410
Remaining term (yrs)27.327.330.0
Secondary amount$0$86,203$0
Funding fee$0$0$0
Note rate6.610%6.610%7.400%
Blended rate7.160%7.442%7.640%
1st payment$3,138.07$3,138.07$3,894.01
2nd payment$0.00$646.52$0.00
Taxes / mo$117.17$117.17$117.17
Insurance / mo$166.67$166.67$166.67
MI / mo$224.97$224.97$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,646.87$4,293.40$4,290.33
Cash to close$148,693$62,490$62,490