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$448,482$448,482$490,410
Remaining term (yrs)25.425.430.0
Secondary amount$0$41,928$0
Funding fee$0$0$0
Note rate3.120%3.120%7.400%
Blended rate3.970%4.400%7.640%
1st payment$2,126.97$2,126.97$3,395.50
2nd payment$0.00$314.46$0.00
Taxes / mo$454.08$454.08$454.08
Insurance / mo$166.67$166.67$166.67
MI / mo$351.92$351.92$98.08
HOA / mo$133.00$133.00$133.00
Total monthly$3,232.64$3,547.10$4,247.33
Cash to close$96,418$54,490$54,490