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$383,337$383,337$774,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$390,663$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%5.799%7.640%
1st payment$1,813.95$1,813.95$5,359.02
2nd payment$0.00$2,523.03$0.00
Taxes / mo$716.67$716.67$716.67
Insurance / mo$216.67$216.67$216.67
MI / mo$306.33$306.33$154.80
HOA / mo$53.00$53.00$53.00
Total monthly$3,106.61$5,629.64$6,500.15
Cash to close$476,663$86,000$86,000