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$269,571$269,571$305,100
Remaining term (yrs)24.824.830.0
Secondary amount$0$35,529$0
Funding fee$0$0$0
Note rate2.930%2.930%7.320%
Blended rate3.780%4.388%7.560%
1st payment$1,271.42$1,271.42$2,095.83
2nd payment$0.00$266.47$0.00
Taxes / mo$482.75$482.75$482.75
Insurance / mo$150.00$150.00$150.00
MI / mo$215.54$215.54$61.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,119.71$2,386.17$2,789.60
Cash to close$69,429$33,900$33,900