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$325,082$325,082$467,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$142,018$0
Funding fee$0$0$0
Note rate3.730%3.730%7.400%
Blended rate4.580%5.620%7.640%
1st payment$1,736.42$1,736.42$3,234.11
2nd payment$0.00$946.79$0.00
Taxes / mo$432.50$432.50$432.50
Insurance / mo$166.67$166.67$166.67
MI / mo$266.24$266.24$93.42
HOA / mo$573.00$573.00$573.00
Total monthly$3,174.83$4,121.62$4,499.69
Cash to close$193,918$51,900$51,900