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$182,555$182,555$449,999
Remaining term (yrs)16.516.530.0
Secondary amount$0$267,444$0
Funding fee$0$0$0
Note rate3.540%3.540%7.400%
Blended rate4.390%6.387%7.640%
1st payment$1,209.68$1,209.68$3,115.70
2nd payment$0.00$1,727.24$0.00
Taxes / mo$416.67$416.67$416.67
Insurance / mo$166.67$166.67$166.67
MI / mo$189.87$189.87$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,982.88$3,710.12$3,789.04
Cash to close$317,444$50,000$50,000