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$486,352$486,352$814,500
Remaining term (yrs)23.623.630.0
Secondary amount$0$328,148$0
Funding fee$0$0$0
Note rate3.210%3.210%7.400%
Blended rate4.060%5.547%7.640%
1st payment$2,441.03$2,441.03$5,639.43
2nd payment$0.00$2,119.29$0.00
Taxes / mo$754.17$754.17$754.17
Insurance / mo$216.67$216.67$216.67
MI / mo$399.31$399.31$162.90
HOA / mo$146.00$146.00$146.00
Total monthly$3,957.17$6,076.46$6,919.17
Cash to close$418,648$90,500$90,500