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$335,356$335,356$386,999
Remaining term (yrs)23.623.630.0
Secondary amount$0$51,643$0
Funding fee$0$0$0
Note rate3.310%3.310%7.400%
Blended rate4.160%4.806%7.640%
1st payment$1,700.72$1,700.72$2,679.50
2nd payment$0.00$387.32$0.00
Taxes / mo$289.83$289.83$289.83
Insurance / mo$150.00$150.00$150.00
MI / mo$274.72$274.72$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$2,415.28$2,802.60$3,196.74
Cash to close$94,643$43,000$43,000