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$14,737$14,737$436,500
Remaining term (yrs)20.520.530.0
Secondary amount$0$421,763$0
Funding fee$0$0$0
Note rate2.730%2.730%7.320%
Blended rate3.580%7.609%7.560%
1st payment$77.82$77.82$2,998.45
2nd payment$0.00$2,723.89$0.00
Taxes / mo$404.17$404.17$404.17
Insurance / mo$166.67$166.67$166.67
MI / mo$12.31$12.31$87.30
HOA / mo$0.00$0.00$0.00
Total monthly$660.96$3,384.85$3,656.59
Cash to close$470,263$48,500$48,500