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$361,968$361,968$764,100
Remaining term (yrs)17.617.630.0
Secondary amount$0$402,132$0
Funding fee$0$0$0
Note rate4.330%4.330%7.400%
Blended rate5.180%6.533%7.640%
1st payment$2,438.19$2,438.19$5,290.47
2nd payment$0.00$2,597.10$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$347.75$347.75$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,710.11$6,307.21$6,367.46
Cash to close$487,032$84,900$84,900