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$293,658$293,658$314,010
Remaining term (yrs)25.325.330.0
Secondary amount$0$37,797$0
Funding fee$0$0$0
Note rate3.450%3.450%7.320%
Blended rate4.300%5.164%7.560%
1st payment$1,444.20$1,444.20$2,157.03
2nd payment$0.00$374.04$0.00
Taxes / mo$600.83$600.83$600.83
Insurance / mo$150.00$150.00$150.00
MI / mo$229.23$229.23$62.80
HOA / mo$35.00$35.00$35.00
Total monthly$2,459.27$2,833.31$3,005.67
Cash to close$55,242$17,445$34,890