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$325,919$325,919$539,100
Remaining term (yrs)22.522.530.0
Secondary amount$0$213,181$0
Funding fee$0$0$0
Note rate4.060%4.060%7.320%
Blended rate4.910%6.033%7.560%
1st payment$1,834.86$1,834.86$3,703.24
2nd payment$0.00$1,376.80$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$270.27$270.27$107.82
HOA / mo$345.00$345.00$345.00
Total monthly$3,115.96$4,492.76$4,821.90
Cash to close$273,081$59,900$59,900