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$342,616$342,616$359,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$37,289$0
Funding fee$0$0$0
Note rate5.810%5.810%7.320%
Blended rate6.660%7.172%7.560%
1st payment$2,133.98$2,133.98$2,472.33
2nd payment$0.00$369.01$0.00
Taxes / mo$599.08$599.08$599.08
Insurance / mo$150.00$150.00$150.00
MI / mo$257.34$257.34$71.98
HOA / mo$0.00$0.00$0.00
Total monthly$3,140.40$3,509.40$3,293.40
Cash to close$57,284$19,995$39,990