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$265,263$265,263$314,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$49,647$0
Funding fee$0$0$0
Note rate3.070%3.070%7.320%
Blended rate3.920%4.721%7.560%
1st payment$1,256.50$1,256.50$2,163.21
2nd payment$0.00$372.36$0.00
Taxes / mo$384.20$384.20$384.20
Insurance / mo$150.00$150.00$150.00
MI / mo$209.22$209.22$62.98
HOA / mo$490.00$490.00$490.00
Total monthly$2,489.92$2,862.28$3,250.40
Cash to close$84,637$34,990$34,990