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$364,774$364,774$418,410
Remaining term (yrs)26.226.230.0
Secondary amount$0$53,636$0
Funding fee$0$0$0
Note rate6.260%6.260%7.400%
Blended rate6.810%7.091%7.640%
1st payment$2,358.50$2,358.50$2,896.99
2nd payment$0.00$402.27$0.00
Taxes / mo$125.17$125.17$125.17
Insurance / mo$166.67$166.67$166.67
MI / mo$168.82$168.82$83.68
HOA / mo$0.00$0.00$0.00
Total monthly$2,819.15$3,221.42$3,272.50
Cash to close$100,126$46,490$46,490