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$445,792$445,792$823,500
Remaining term (yrs)25.225.230.0
Secondary amount$0$377,708$0
Funding fee$0$0$0
Note rate3.070%3.070%7.400%
Blended rate3.920%5.677%7.640%
1st payment$2,111.63$2,111.63$5,701.75
2nd payment$0.00$2,439.36$0.00
Taxes / mo$1,063.25$1,063.25$1,063.25
Insurance / mo$216.67$216.67$216.67
MI / mo$351.62$351.62$164.70
HOA / mo$0.00$0.00$0.00
Total monthly$3,743.16$6,182.53$7,146.36
Cash to close$469,208$91,500$91,500