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$327,380$327,380$359,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$31,720$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%4.268%7.640%
1st payment$1,552.68$1,552.68$2,486.34
2nd payment$0.00$237.90$0.00
Taxes / mo$219.92$219.92$219.92
Insurance / mo$150.00$150.00$150.00
MI / mo$262.20$262.20$71.82
HOA / mo$400.00$400.00$400.00
Total monthly$2,584.80$2,822.70$3,328.07
Cash to close$71,620$39,900$39,900