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$401,573$401,573$530,910
Remaining term (yrs)24.624.630.0
Secondary amount$0$129,337$0
Funding fee$0$0$0
Note rate3.050%3.050%7.400%
Blended rate3.900%4.899%7.640%
1st payment$1,927.67$1,927.67$3,675.91
2nd payment$0.00$862.24$0.00
Taxes / mo$491.58$491.58$491.58
Insurance / mo$166.67$166.67$166.67
MI / mo$321.81$321.81$106.18
HOA / mo$765.00$765.00$765.00
Total monthly$3,672.73$4,534.97$5,205.35
Cash to close$188,327$58,990$58,990