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$329,761$329,761$708,300
Remaining term (yrs)29.629.630.0
Secondary amount$0$378,539$0
Funding fee$0$0$0
Note rate6.360%6.360%7.320%
Blended rate6.910%7.359%7.560%
1st payment$2,059.81$2,059.81$4,865.53
2nd payment$0.00$2,444.73$0.00
Taxes / mo$461.25$461.25$461.25
Insurance / mo$216.67$216.67$216.67
MI / mo$151.56$151.56$141.66
HOA / mo$115.00$115.00$115.00
Total monthly$3,004.30$5,449.03$5,800.11
Cash to close$457,239$78,700$78,700