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$265,337$265,337$323,910
Remaining term (yrs)22.322.330.0
Secondary amount$0$58,573$0
Funding fee$0$0$0
Note rate4.000%4.000%7.320%
Blended rate4.850%5.600%7.560%
1st payment$1,495.37$1,495.37$2,225.04
2nd payment$0.00$439.30$0.00
Taxes / mo$343.83$343.83$343.83
Insurance / mo$150.00$150.00$150.00
MI / mo$221.87$221.87$64.78
HOA / mo$260.00$260.00$260.00
Total monthly$2,471.07$2,910.36$3,043.65
Cash to close$94,563$35,990$35,990