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$328,746$328,746$570,150
Remaining term (yrs)25.525.530.0
Secondary amount$0$241,404$0
Funding fee$0$0$0
Note rate4.170%4.170%7.400%
Blended rate5.020%6.176%7.640%
1st payment$1,740.24$1,740.24$3,947.60
2nd payment$0.00$1,559.07$0.00
Taxes / mo$395.75$395.75$395.75
Insurance / mo$166.67$166.67$166.67
MI / mo$252.98$252.98$114.03
HOA / mo$150.00$150.00$150.00
Total monthly$2,705.63$4,264.70$4,774.05
Cash to close$304,754$63,350$63,350