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$325,254$325,254$490,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$165,246$0
Funding fee$0$0$0
Note rate3.080%3.080%7.320%
Blended rate3.930%5.301%7.560%
1st payment$1,569.93$1,569.93$3,369.39
2nd payment$0.00$1,101.64$0.00
Taxes / mo$340.67$340.67$340.67
Insurance / mo$166.67$166.67$166.67
MI / mo$261.08$261.08$98.10
HOA / mo$60.00$60.00$60.00
Total monthly$2,398.35$3,499.99$4,034.83
Cash to close$219,746$54,500$54,500