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$286,153$286,153$449,991
Remaining term (yrs)25.325.330.0
Secondary amount$0$163,838$0
Funding fee$0$0$0
Note rate3.450%3.450%7.320%
Blended rate4.300%5.647%7.560%
1st payment$1,410.18$1,410.18$3,091.13
2nd payment$0.00$1,092.25$0.00
Taxes / mo$246.42$246.42$246.42
Insurance / mo$166.67$166.67$166.67
MI / mo$223.83$223.83$90.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,047.09$3,139.35$3,594.21
Cash to close$213,837$49,999$49,999