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$415,979$415,979$899,100
Remaining term (yrs)18.318.330.0
Secondary amount$0$483,121$0
Funding fee$0$0$0
Note rate4.160%4.160%7.320%
Blended rate5.010%6.482%7.560%
1st payment$2,697.57$2,697.57$6,176.19
2nd payment$0.00$3,120.16$0.00
Taxes / mo$832.50$832.50$832.50
Insurance / mo$216.67$216.67$216.67
MI / mo$392.61$392.61$179.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,139.35$7,259.51$7,405.18
Cash to close$583,021$99,900$99,900