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$433,806$433,806$440,910
Remaining term (yrs)26.526.530.0
Secondary amount$0$31,599$0
Funding fee$0$0$0
Note rate6.600%6.600%7.320%
Blended rate7.150%7.471%7.560%
1st payment$2,884.62$2,884.62$3,028.75
2nd payment$0.00$312.70$0.00
Taxes / mo$79.25$79.25$79.25
Insurance / mo$166.67$166.67$166.67
MI / mo$207.01$207.01$88.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,337.55$3,650.24$3,362.84
Cash to close$56,094$24,495$48,990