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$329,371$329,371$395,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$65,729$0
Funding fee$0$0$0
Note rate2.680%2.680%7.400%
Blended rate3.530%4.440%7.640%
1st payment$1,529.28$1,529.28$2,735.59
2nd payment$0.00$492.97$0.00
Taxes / mo$189.42$189.42$189.42
Insurance / mo$150.00$150.00$150.00
MI / mo$267.77$267.77$79.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,136.46$2,629.43$3,154.03
Cash to close$109,629$43,900$43,900