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$464,727$464,727$476,550
Remaining term (yrs)25.125.130.0
Secondary amount$0$38,298$0
Funding fee$0$0$0
Note rate3.090%3.090%7.400%
Blended rate3.940%4.544%7.640%
1st payment$2,210.99$2,210.99$3,299.54
2nd payment$0.00$378.99$0.00
Taxes / mo$504.00$504.00$504.00
Insurance / mo$166.67$166.67$166.67
MI / mo$367.23$367.23$95.31
HOA / mo$0.00$0.00$0.00
Total monthly$3,248.88$3,627.88$4,065.51
Cash to close$64,773$26,475$52,950