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$453,042$453,042$799,999
Remaining term (yrs)19.619.630.0
Secondary amount$0$346,957$0
Funding fee$0$0$0
Note rate3.690%3.690%7.320%
Blended rate4.540%5.932%7.560%
1st payment$2,694.80$2,694.80$5,495.44
2nd payment$0.00$2,240.76$0.00
Taxes / mo$740.74$740.74$740.74
Insurance / mo$216.67$216.67$216.67
MI / mo$415.22$415.22$160.00
HOA / mo$0.00$0.00$0.00
Total monthly$4,067.42$6,308.19$6,612.85
Cash to close$435,846$88,889$88,889