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$461,409$461,409$607,410
Remaining term (yrs)23.923.930.0
Secondary amount$0$146,001$0
Funding fee$0$0$0
Note rate3.270%3.270%7.320%
Blended rate4.120%5.053%7.560%
1st payment$2,314.26$2,314.26$4,172.49
2nd payment$0.00$973.34$0.00
Taxes / mo$449.08$449.08$449.08
Insurance / mo$166.67$166.67$166.67
MI / mo$375.72$375.72$121.48
HOA / mo$43.00$43.00$43.00
Total monthly$3,348.72$4,322.06$4,952.72
Cash to close$213,491$67,490$67,490