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$466,208$466,208$719,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$252,892$0
Funding fee$0$0$0
Note rate6.270%6.270%7.240%
Blended rate6.820%7.147%7.480%
1st payment$3,013.52$3,013.52$4,900.65
2nd payment$0.00$1,633.26$0.00
Taxes / mo$165.25$165.25$165.25
Insurance / mo$216.67$216.67$216.67
MI / mo$223.85$223.85$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,619.29$5,252.55$5,426.39
Cash to close$332,792$79,900$79,900