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$374,928$374,928$899,100
Remaining term (yrs)9.39.330.0
Secondary amount$0$524,172$0
Funding fee$0$0$0
Note rate2.600%2.600%7.400%
Blended rate3.450%5.957%7.640%
1st payment$3,744.26$3,744.26$6,225.19
2nd payment$0.00$3,385.28$0.00
Taxes / mo$560.17$560.17$560.17
Insurance / mo$216.67$216.67$216.67
MI / mo$394.96$394.96$179.82
HOA / mo$95.00$95.00$95.00
Total monthly$5,011.05$8,396.32$7,276.84
Cash to close$624,072$99,900$99,900