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$326,817$326,817$494,100
Remaining term (yrs)21.721.730.0
Secondary amount$0$167,283$0
Funding fee$0$0$0
Note rate4.540%4.540%7.400%
Blended rate5.390%6.274%7.640%
1st payment$1,968.30$1,968.30$3,421.05
2nd payment$0.00$1,115.22$0.00
Taxes / mo$457.50$457.50$457.50
Insurance / mo$166.67$166.67$166.67
MI / mo$273.88$273.88$98.82
HOA / mo$121.00$121.00$121.00
Total monthly$2,987.34$4,102.56$4,265.04
Cash to close$222,183$54,900$54,900