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$259,515$259,515$305,999
Remaining term (yrs)24.524.530.0
Secondary amount$0$46,484$0
Funding fee$0$0$0
Note rate3.170%3.170%7.320%
Blended rate4.020%4.777%7.560%
1st payment$1,264.84$1,264.84$2,102.00
2nd payment$0.00$348.63$0.00
Taxes / mo$108.58$108.58$108.58
Insurance / mo$150.00$150.00$150.00
MI / mo$207.96$207.96$61.20
HOA / mo$358.00$358.00$358.00
Total monthly$2,089.38$2,438.01$2,779.78
Cash to close$80,484$34,000$34,000