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$415,178$415,178$715,500
Remaining term (yrs)20.420.430.0
Secondary amount$0$300,322$0
Funding fee$0$0$0
Note rate4.190%4.190%7.400%
Blended rate5.040%6.177%7.640%
1st payment$2,517.83$2,517.83$4,953.98
2nd payment$0.00$1,939.58$0.00
Taxes / mo$662.50$662.50$662.50
Insurance / mo$216.67$216.67$216.67
MI / mo$365.14$365.14$143.10
HOA / mo$0.00$0.00$0.00
Total monthly$3,762.13$5,701.71$5,976.24
Cash to close$379,822$79,500$79,500