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$327,546$327,546$539,100
Remaining term (yrs)22.522.530.0
Secondary amount$0$211,554$0
Funding fee$0$0$0
Note rate4.270%4.270%7.320%
Blended rate5.120%6.152%7.560%
1st payment$1,881.53$1,881.53$3,703.24
2nd payment$0.00$1,366.28$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$270.27$270.27$107.82
HOA / mo$345.00$345.00$345.00
Total monthly$3,162.63$4,528.92$4,821.90
Cash to close$271,454$59,900$59,900