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$286,566$286,566$350,100
Remaining term (yrs)24.724.730.0
Secondary amount$0$63,534$0
Funding fee$0$0$0
Note rate2.960%2.960%7.400%
Blended rate3.810%4.752%7.640%
1st payment$1,359.11$1,359.11$2,424.02
2nd payment$0.00$476.51$0.00
Taxes / mo$309.42$309.42$309.42
Insurance / mo$150.00$150.00$150.00
MI / mo$229.52$229.52$70.02
HOA / mo$36.67$36.67$36.67
Total monthly$2,084.71$2,561.22$2,990.13
Cash to close$102,434$38,900$38,900