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$327,275$327,275$386,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$58,825$0
Funding fee$0$0$0
Note rate5.230%5.230%7.320%
Blended rate6.080%6.525%7.560%
1st payment$1,923.88$1,923.88$2,652.24
2nd payment$0.00$441.18$0.00
Taxes / mo$293.50$293.50$293.50
Insurance / mo$150.00$150.00$150.00
MI / mo$247.34$247.34$77.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,614.72$3,055.90$3,172.96
Cash to close$101,725$42,900$42,900