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$459,170$459,170$499,410
Remaining term (yrs)25.525.530.0
Secondary amount$0$40,240$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%4.679%7.640%
1st payment$2,249.04$2,249.04$3,457.81
2nd payment$0.00$301.80$0.00
Taxes / mo$462.42$462.42$462.42
Insurance / mo$166.67$166.67$166.67
MI / mo$356.98$356.98$99.88
HOA / mo$100.00$100.00$100.00
Total monthly$3,335.11$3,636.91$4,286.78
Cash to close$95,730$55,490$55,490