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$335,086$335,086$359,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$43,964$0
Funding fee$0$0$0
Note rate2.960%2.960%7.320%
Blended rate3.810%4.745%7.560%
1st payment$1,585.63$1,585.63$2,466.77
2nd payment$0.00$435.06$0.00
Taxes / mo$471.33$471.33$471.33
Insurance / mo$150.00$150.00$150.00
MI / mo$267.77$267.77$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,474.73$2,909.79$3,159.92
Cash to close$63,914$19,950$39,900