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$321,746$321,746$359,991
Remaining term (yrs)24.924.930.0
Secondary amount$0$38,245$0
Funding fee$0$0$0
Note rate2.770%2.770%7.400%
Blended rate3.620%4.192%7.640%
1st payment$1,484.12$1,484.12$2,492.50
2nd payment$0.00$286.84$0.00
Taxes / mo$333.33$333.33$333.33
Insurance / mo$150.00$150.00$150.00
MI / mo$256.84$256.84$72.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,224.28$2,511.12$3,047.83
Cash to close$78,244$39,999$39,999