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$333,574$333,574$341,910
Remaining term (yrs)26.326.330.0
Secondary amount$0$27,331$0
Funding fee$0$0$0
Note rate6.270%6.270%7.400%
Blended rate7.120%7.480%7.640%
1st payment$2,156.19$2,156.19$2,367.32
2nd payment$0.00$270.46$0.00
Taxes / mo$218.08$218.08$218.08
Insurance / mo$150.00$150.00$150.00
MI / mo$247.53$247.53$68.38
HOA / mo$20.00$20.00$20.00
Total monthly$2,791.80$3,062.26$2,823.78
Cash to close$46,326$18,995$37,990