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$267,576$267,576$400,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$132,834$0
Funding fee$0$0$0
Note rate3.110%3.110%7.320%
Blended rate3.960%5.300%7.560%
1st payment$1,270.32$1,270.32$2,750.54
2nd payment$0.00$885.56$0.00
Taxes / mo$298.50$298.50$298.50
Insurance / mo$150.00$150.00$150.00
MI / mo$210.45$210.45$80.08
HOA / mo$50.00$50.00$50.00
Total monthly$1,979.28$2,864.84$3,329.12
Cash to close$177,324$44,490$44,490