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$184,378$184,378$539,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$354,722$0
Funding fee$0$0$0
Note rate3.620%3.620%7.320%
Blended rate4.470%6.628%7.560%
1st payment$1,096.41$1,096.41$3,703.24
2nd payment$0.00$2,290.92$0.00
Taxes / mo$341.00$341.00$341.00
Insurance / mo$166.67$166.67$166.67
MI / mo$170.40$170.40$107.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,774.47$4,065.39$4,318.73
Cash to close$414,622$59,900$59,900