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$169,080$169,080$582,300
Remaining term (yrs)15.815.830.0
Secondary amount$0$413,220$0
Funding fee$0$0$0
Note rate3.660%3.660%7.320%
Blended rate4.510%6.809%7.560%
1st payment$1,169.29$1,169.29$4,000.00
2nd payment$0.00$2,668.71$0.00
Taxes / mo$223.67$223.67$223.67
Insurance / mo$166.67$166.67$166.67
MI / mo$180.83$180.83$116.46
HOA / mo$0.00$0.00$0.00
Total monthly$1,740.45$4,409.16$4,506.79
Cash to close$477,920$64,700$64,700