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$562,278$562,278$769,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$207,222$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.229%7.640%
1st payment$2,765.27$2,765.27$5,327.86
2nd payment$0.00$1,338.31$0.00
Taxes / mo$506.58$506.58$506.58
Insurance / mo$216.67$216.67$216.67
MI / mo$438.92$438.92$153.90
HOA / mo$133.33$133.33$133.33
Total monthly$4,060.77$5,399.09$6,338.34
Cash to close$292,722$85,500$85,500