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$274,933$274,933$404,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$129,977$0
Funding fee$0$0$0
Note rate3.180%3.180%7.320%
Blended rate4.030%5.304%7.560%
1st payment$1,338.45$1,338.45$2,781.45
2nd payment$0.00$866.51$0.00
Taxes / mo$476.33$476.33$476.33
Insurance / mo$150.00$150.00$150.00
MI / mo$219.78$219.78$80.98
HOA / mo$100.00$100.00$100.00
Total monthly$2,284.56$3,151.08$3,588.77
Cash to close$174,967$44,990$44,990