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$429,656$429,656$449,910
Remaining term (yrs)27.927.930.0
Secondary amount$0$45,249$0
Funding fee$0$0$0
Note rate6.470%6.470%7.400%
Blended rate7.020%7.483%7.640%
1st payment$2,771.64$2,771.64$3,115.09
2nd payment$0.00$447.78$0.00
Taxes / mo$213.83$213.83$213.83
Insurance / mo$166.67$166.67$166.67
MI / mo$201.61$201.61$89.98
HOA / mo$25.00$25.00$25.00
Total monthly$3,378.75$3,826.52$3,610.57
Cash to close$70,244$24,995$49,990