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$398,928$398,928$787,410
Remaining term (yrs)23.523.530.0
Secondary amount$0$388,482$0
Funding fee$0$0$0
Note rate3.450%3.450%7.320%
Blended rate4.300%6.002%7.560%
1st payment$2,057.23$2,057.23$5,408.96
2nd payment$0.00$2,508.95$0.00
Taxes / mo$729.08$729.08$729.08
Insurance / mo$216.67$216.67$216.67
MI / mo$326.54$326.54$157.48
HOA / mo$0.00$0.00$0.00
Total monthly$3,329.52$5,838.46$6,512.19
Cash to close$475,972$87,490$87,490