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$325,631$325,631$418,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$92,869$0
Funding fee$0$0$0
Note rate3.070%3.070%7.320%
Blended rate3.920%5.047%7.560%
1st payment$1,542.45$1,542.45$2,874.80
2nd payment$0.00$696.52$0.00
Taxes / mo$573.83$573.83$573.83
Insurance / mo$166.67$166.67$166.67
MI / mo$256.84$256.84$83.70
HOA / mo$260.00$260.00$260.00
Total monthly$2,799.79$3,496.31$3,959.00
Cash to close$139,369$46,500$46,500