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$299,317$299,317$341,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$41,783$0
Funding fee$0$0$0
Note rate4.720%4.720%7.400%
Blended rate5.570%5.990%7.640%
1st payment$1,675.41$1,675.41$2,361.71
2nd payment$0.00$313.38$0.00
Taxes / mo$184.00$184.00$184.00
Insurance / mo$150.00$150.00$150.00
MI / mo$228.29$228.29$68.22
HOA / mo$374.00$374.00$374.00
Total monthly$2,611.70$2,925.08$3,137.93
Cash to close$79,683$37,900$37,900