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$274,512$274,512$1,485,000
Remaining term (yrs)23.123.130.0
Secondary amount$0$1,210,488$0
Funding fee$0$0$0
Note rate3.690%3.690%7.320%
Blended rate4.540%7.157%7.560%
1st payment$1,467.02$1,467.02$10,200.92
2nd payment$0.00$7,817.74$0.00
Taxes / mo$353.10$353.10$353.10
Insurance / mo$216.67$216.67$216.67
MI / mo$226.04$226.04$297.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,262.83$10,080.57$11,067.69
Cash to close$1,375,488$165,000$165,000