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$265,896$265,896$944,100
Remaining term (yrs)15.115.130.0
Secondary amount$0$678,204$0
Funding fee$0$0$0
Note rate4.010%4.010%7.400%
Blended rate4.860%6.936%7.640%
1st payment$1,944.61$1,944.61$6,536.76
2nd payment$0.00$4,380.07$0.00
Taxes / mo$874.17$874.17$874.17
Insurance / mo$216.67$216.67$216.67
MI / mo$288.17$288.17$188.82
HOA / mo$115.00$115.00$115.00
Total monthly$3,438.61$7,818.67$7,931.41
Cash to close$783,104$104,900$104,900