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$327,145$327,145$337,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$29,105$0
Funding fee$0$0$0
Note rate2.840%2.840%7.400%
Blended rate3.690%4.359%7.640%
1st payment$1,520.79$1,520.79$2,336.78
2nd payment$0.00$288.02$0.00
Taxes / mo$375.33$375.33$375.33
Insurance / mo$150.00$150.00$150.00
MI / mo$260.81$260.81$67.50
HOA / mo$160.00$160.00$160.00
Total monthly$2,466.94$2,754.96$3,089.62
Cash to close$47,855$18,750$37,500