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$318,385$318,385$691,110
Remaining term (yrs)19.619.630.0
Secondary amount$0$372,725$0
Funding fee$0$0$0
Note rate3.610%3.610%7.400%
Blended rate4.460%6.234%7.640%
1st payment$1,880.67$1,880.67$4,785.11
2nd payment$0.00$2,407.18$0.00
Taxes / mo$317.83$317.83$317.83
Insurance / mo$216.67$216.67$216.67
MI / mo$292.64$292.64$138.22
HOA / mo$72.67$72.67$72.67
Total monthly$2,780.48$5,187.67$5,530.50
Cash to close$449,515$76,790$76,790