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$337,667$337,667$431,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$94,243$0
Funding fee$0$0$0
Note rate5.780%5.780%7.400%
Blended rate6.630%7.147%7.640%
1st payment$2,096.96$2,096.96$2,990.46
2nd payment$0.00$706.83$0.00
Taxes / mo$136.33$136.33$136.33
Insurance / mo$166.67$166.67$166.67
MI / mo$253.70$253.70$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,653.65$3,360.48$3,379.84
Cash to close$142,233$47,990$47,990