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$324,471$324,471$404,991
Remaining term (yrs)25.125.130.0
Secondary amount$0$80,520$0
Funding fee$0$0$0
Note rate3.050%3.050%7.320%
Blended rate3.900%4.914%7.560%
1st payment$1,536.91$1,536.91$2,782.01
2nd payment$0.00$603.90$0.00
Taxes / mo$515.92$515.92$515.92
Insurance / mo$150.00$150.00$150.00
MI / mo$256.57$256.57$81.00
HOA / mo$103.00$103.00$103.00
Total monthly$2,562.40$3,166.30$3,631.92
Cash to close$125,519$44,999$44,999