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$326,673$326,673$414,000
Remaining term (yrs)22.622.630.0
Secondary amount$0$87,327$0
Funding fee$0$0$0
Note rate4.140%4.140%7.400%
Blended rate4.990%5.836%7.640%
1st payment$1,849.21$1,849.21$2,866.45
2nd payment$0.00$654.96$0.00
Taxes / mo$482.67$482.67$482.67
Insurance / mo$166.67$166.67$166.67
MI / mo$269.78$269.78$82.80
HOA / mo$75.00$75.00$75.00
Total monthly$2,843.32$3,498.28$3,673.59
Cash to close$133,327$46,000$46,000