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$402,106$402,106$810,000
Remaining term (yrs)21.821.830.0
Secondary amount$0$407,894$0
Funding fee$0$0$0
Note rate4.460%4.460%7.400%
Blended rate5.310%6.539%7.640%
1st payment$2,398.63$2,398.63$5,608.28
2nd payment$0.00$2,634.32$0.00
Taxes / mo$457.17$457.17$457.17
Insurance / mo$216.67$216.67$216.67
MI / mo$336.90$336.90$162.00
HOA / mo$67.33$67.33$67.33
Total monthly$3,476.70$6,111.01$6,511.44
Cash to close$497,894$90,000$90,000