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$441,220$441,220$476,910
Remaining term (yrs)28.628.630.0
Secondary amount$0$35,690$0
Funding fee$0$0$0
Note rate6.810%6.810%7.320%
Blended rate7.360%7.483%7.560%
1st payment$2,918.13$2,918.13$3,276.04
2nd payment$0.00$267.67$0.00
Taxes / mo$188.42$188.42$188.42
Insurance / mo$166.67$166.67$166.67
MI / mo$204.95$204.95$95.38
HOA / mo$0.00$0.00$0.00
Total monthly$3,478.16$3,745.83$3,726.51
Cash to close$88,680$52,990$52,990