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$393,061$393,061$413,910
Remaining term (yrs)26.926.930.0
Secondary amount$0$43,844$0
Funding fee$0$0$0
Note rate7.180%7.180%7.400%
Blended rate7.730%8.146%7.640%
1st payment$2,747.06$2,747.06$2,865.83
2nd payment$0.00$433.87$0.00
Taxes / mo$219.83$219.83$219.83
Insurance / mo$166.67$166.67$166.67
MI / mo$185.86$185.86$82.78
HOA / mo$80.00$80.00$80.00
Total monthly$3,399.42$3,833.29$3,415.11
Cash to close$66,839$22,995$45,990