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$326,866$326,866$454,410
Remaining term (yrs)23.623.630.0
Secondary amount$0$127,544$0
Funding fee$0$0$0
Note rate3.310%3.310%7.320%
Blended rate4.160%5.238%7.560%
1st payment$1,657.67$1,657.67$3,121.48
2nd payment$0.00$850.29$0.00
Taxes / mo$420.75$420.75$420.75
Insurance / mo$166.67$166.67$166.67
MI / mo$267.77$267.77$90.88
HOA / mo$0.00$0.00$0.00
Total monthly$2,512.85$3,363.15$3,799.78
Cash to close$178,034$50,490$50,490