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$320,149$320,149$337,410
Remaining term (yrs)26.426.430.0
Secondary amount$0$36,006$0
Funding fee$0$0$0
Note rate6.330%6.330%7.400%
Blended rate6.880%7.385%7.640%
1st payment$2,078.95$2,078.95$2,336.16
2nd payment$0.00$356.31$0.00
Taxes / mo$163.83$163.83$163.83
Insurance / mo$150.00$150.00$150.00
MI / mo$153.46$153.46$67.48
HOA / mo$45.00$45.00$45.00
Total monthly$2,591.24$2,947.55$2,762.47
Cash to close$54,751$18,745$37,490