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$453,691$453,691$485,910
Remaining term (yrs)29.429.430.0
Secondary amount$0$32,219$0
Funding fee$0$0$0
Note rate6.090%6.090%7.400%
Blended rate6.640%6.796%7.640%
1st payment$2,762.84$2,762.84$3,364.34
2nd payment$0.00$241.64$0.00
Taxes / mo$162.08$162.08$162.08
Insurance / mo$166.67$166.67$166.67
MI / mo$209.19$209.19$97.18
HOA / mo$0.00$0.00$0.00
Total monthly$3,300.78$3,542.42$3,790.27
Cash to close$86,209$53,990$53,990