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$259,489$259,489$321,300
Remaining term (yrs)24.424.430.0
Secondary amount$0$61,811$0
Funding fee$0$0$0
Note rate2.730%2.730%7.320%
Blended rate3.580%4.623%7.560%
1st payment$1,211.41$1,211.41$2,207.11
2nd payment$0.00$463.58$0.00
Taxes / mo$203.42$203.42$203.42
Insurance / mo$150.00$150.00$150.00
MI / mo$210.74$210.74$64.26
HOA / mo$117.00$117.00$117.00
Total monthly$1,892.57$2,356.15$2,741.78
Cash to close$97,511$35,700$35,700