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$276,929$276,929$377,991
Remaining term (yrs)24.624.630.0
Secondary amount$0$101,062$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%4.886%7.640%
1st payment$1,307.81$1,307.81$2,617.13
2nd payment$0.00$673.75$0.00
Taxes / mo$615.75$615.75$615.75
Insurance / mo$150.00$150.00$150.00
MI / mo$222.56$222.56$75.60
HOA / mo$11.00$11.00$11.00
Total monthly$2,307.12$2,980.87$3,469.48
Cash to close$143,061$41,999$41,999