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$521,073$521,073$697,476
Remaining term (yrs)24.424.430.0
Secondary amount$0$176,403$0
Funding fee$0$0$0
Note rate3.050%3.050%7.400%
Blended rate3.900%4.937%7.640%
1st payment$2,512.67$2,512.67$4,829.18
2nd payment$0.00$1,176.02$0.00
Taxes / mo$552.33$552.33$552.33
Insurance / mo$216.67$216.67$216.67
MI / mo$419.46$419.46$139.50
HOA / mo$99.00$99.00$99.00
Total monthly$3,800.14$4,976.16$5,836.68
Cash to close$253,900$77,497$77,497