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$363,822$363,822$490,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$126,678$0
Funding fee$0$0$0
Note rate3.100%3.100%7.320%
Blended rate3.950%4.996%7.560%
1st payment$1,725.34$1,725.34$3,369.39
2nd payment$0.00$844.52$0.00
Taxes / mo$546.46$546.46$546.46
Insurance / mo$166.67$166.67$166.67
MI / mo$286.20$286.20$98.10
HOA / mo$15.58$15.58$15.58
Total monthly$2,740.25$3,584.77$4,196.20
Cash to close$181,178$54,500$54,500