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$454,168$454,168$792,000
Remaining term (yrs)19.219.230.0
Secondary amount$0$337,832$0
Funding fee$0$0$0
Note rate3.790%3.790%7.400%
Blended rate4.640%5.967%7.640%
1st payment$2,764.60$2,764.60$5,483.65
2nd payment$0.00$2,181.83$0.00
Taxes / mo$733.33$733.33$733.33
Insurance / mo$216.67$216.67$216.67
MI / mo$420.78$420.78$158.40
HOA / mo$0.00$0.00$0.00
Total monthly$4,135.38$6,317.21$6,592.05
Cash to close$425,832$88,000$88,000