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$640,301$640,301$827,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$186,799$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%4.694%7.640%
1st payment$2,969.65$2,969.65$5,726.67
2nd payment$0.00$1,245.33$0.00
Taxes / mo$765.83$765.83$765.83
Insurance / mo$216.67$216.67$216.67
MI / mo$506.67$506.67$165.42
HOA / mo$0.00$0.00$0.00
Total monthly$4,458.82$5,704.14$6,874.59
Cash to close$278,699$91,900$91,900