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$329,376$329,376$405,450
Remaining term (yrs)25.125.130.0
Secondary amount$0$76,074$0
Funding fee$0$0$0
Note rate3.110%3.110%7.320%
Blended rate3.960%4.906%7.560%
1st payment$1,570.50$1,570.50$2,785.16
2nd payment$0.00$570.55$0.00
Taxes / mo$247.58$247.58$247.58
Insurance / mo$166.67$166.67$166.67
MI / mo$260.18$260.18$81.09
HOA / mo$39.33$39.33$39.33
Total monthly$2,284.26$2,854.82$3,319.83
Cash to close$121,124$45,050$45,050