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$408,178$408,178$675,000
Remaining term (yrs)20.720.730.0
Secondary amount$0$266,822$0
Funding fee$0$0$0
Note rate4.170%4.170%7.400%
Blended rate5.020%6.099%7.640%
1st payment$2,446.00$2,446.00$4,673.56
2nd payment$0.00$1,723.23$0.00
Taxes / mo$637.17$637.17$637.17
Insurance / mo$216.67$216.67$216.67
MI / mo$355.57$355.57$135.00
HOA / mo$100.00$100.00$100.00
Total monthly$3,755.41$5,478.63$5,762.40
Cash to close$341,822$75,000$75,000