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$266,938$266,938$539,100
Remaining term (yrs)18.418.430.0
Secondary amount$0$272,162$0
Funding fee$0$0$0
Note rate3.750%3.750%7.400%
Blended rate4.600%6.190%7.640%
1st payment$1,663.97$1,663.97$3,732.62
2nd payment$0.00$1,757.71$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$254.50$254.50$107.82
HOA / mo$449.00$449.00$449.00
Total monthly$3,033.31$4,791.02$4,955.27
Cash to close$332,062$59,900$59,900