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$326,996$326,996$346,500
Remaining term (yrs)25.625.630.0
Secondary amount$0$38,754$0
Funding fee$0$0$0
Note rate5.100%5.100%7.320%
Blended rate5.950%6.578%7.560%
1st payment$1,902.95$1,902.95$2,380.21
2nd payment$0.00$383.50$0.00
Taxes / mo$913.83$913.83$913.83
Insurance / mo$150.00$150.00$150.00
MI / mo$248.26$248.26$69.30
HOA / mo$0.00$0.00$0.00
Total monthly$3,215.04$3,598.54$3,513.35
Cash to close$58,004$19,250$38,500