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$437,806$437,806$503,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$65,294$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%4.512%7.640%
1st payment$2,046.52$2,046.52$3,483.36
2nd payment$0.00$489.71$0.00
Taxes / mo$272.75$272.75$272.75
Insurance / mo$166.67$166.67$166.67
MI / mo$344.27$344.27$100.62
HOA / mo$0.00$0.00$0.00
Total monthly$2,830.21$3,319.91$4,023.40
Cash to close$121,194$55,900$55,900