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$509,806$509,806$652,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$142,604$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%4.679%7.640%
1st payment$2,364.44$2,364.44$4,517.16
2nd payment$0.00$950.69$0.00
Taxes / mo$428.08$428.08$428.08
Insurance / mo$216.67$216.67$216.67
MI / mo$402.38$402.38$130.48
HOA / mo$140.00$140.00$140.00
Total monthly$3,551.57$4,502.26$5,432.39
Cash to close$215,094$72,490$72,490