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$328,135$328,135$357,750
Remaining term (yrs)29.229.230.0
Secondary amount$0$29,615$0
Funding fee$0$0$0
Note rate6.260%6.260%7.320%
Blended rate6.810%6.991%7.560%
1st payment$2,038.25$2,038.25$2,457.49
2nd payment$0.00$222.11$0.00
Taxes / mo$236.58$236.58$236.58
Insurance / mo$150.00$150.00$150.00
MI / mo$151.56$151.56$71.55
HOA / mo$0.00$0.00$0.00
Total monthly$2,576.40$2,798.51$2,915.63
Cash to close$69,365$39,750$39,750