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$335,403$335,403$490,455
Remaining term (yrs)25.925.930.0
Secondary amount$0$155,052$0
Funding fee$0$0$0
Note rate5.510%5.510%7.320%
Blended rate6.360%6.878%7.560%
1st payment$2,024.98$2,024.98$3,369.09
2nd payment$0.00$1,033.68$0.00
Taxes / mo$454.13$454.13$454.13
Insurance / mo$166.67$166.67$166.67
MI / mo$252.34$252.34$98.09
HOA / mo$343.00$343.00$343.00
Total monthly$3,241.12$4,274.80$4,430.97
Cash to close$209,547$54,495$54,495