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$327,506$327,506$337,410
Remaining term (yrs)26.626.630.0
Secondary amount$0$28,649$0
Funding fee$0$0$0
Note rate6.390%6.390%7.400%
Blended rate6.940%7.337%7.640%
1st payment$2,131.50$2,131.50$2,336.16
2nd payment$0.00$283.50$0.00
Taxes / mo$236.17$236.17$236.17
Insurance / mo$150.00$150.00$150.00
MI / mo$156.35$156.35$67.48
HOA / mo$40.00$40.00$40.00
Total monthly$2,714.01$2,997.52$2,829.81
Cash to close$47,394$18,745$37,490