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$313,506$313,506$397,699
Remaining term (yrs)25.325.330.0
Secondary amount$0$84,193$0
Funding fee$0$0$0
Note rate4.160%4.160%7.320%
Blended rate5.010%5.855%7.560%
1st payment$1,663.88$1,663.88$2,731.92
2nd payment$0.00$631.45$0.00
Taxes / mo$290.50$290.50$290.50
Insurance / mo$150.00$150.00$150.00
MI / mo$242.17$242.17$79.54
HOA / mo$43.00$43.00$43.00
Total monthly$2,389.54$3,020.99$3,294.96
Cash to close$128,382$44,189$44,189