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$445,749$445,749$719,999
Remaining term (yrs)24.924.930.0
Secondary amount$0$274,250$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%5.311%7.640%
1st payment$2,099.81$2,099.81$4,985.13
2nd payment$0.00$1,771.20$0.00
Taxes / mo$401.42$401.42$401.42
Insurance / mo$216.67$216.67$216.67
MI / mo$354.60$354.60$144.00
HOA / mo$57.00$57.00$57.00
Total monthly$3,129.49$4,900.69$5,804.21
Cash to close$354,250$80,000$80,000