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$465,617$465,617$674,100
Remaining term (yrs)27.927.930.0
Secondary amount$0$208,483$0
Funding fee$0$0$0
Note rate6.470%6.470%7.400%
Blended rate7.020%7.246%7.640%
1st payment$3,000.46$3,000.46$4,667.33
2nd payment$0.00$1,346.45$0.00
Taxes / mo$132.33$132.33$132.33
Insurance / mo$216.67$216.67$216.67
MI / mo$218.25$218.25$134.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,567.71$4,914.16$5,151.15
Cash to close$283,383$74,900$74,900