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$68,427$68,427$539,100
Remaining term (yrs)3.93.930.0
Secondary amount$0$470,673$0
Funding fee$0$0$0
Note rate3.250%3.250%7.320%
Blended rate4.100%7.287%7.560%
1st payment$1,522.15$1,522.15$3,703.24
2nd payment$0.00$3,039.77$0.00
Taxes / mo$499.17$499.17$499.17
Insurance / mo$166.67$166.67$166.67
MI / mo$153.44$153.44$107.82
HOA / mo$540.00$540.00$540.00
Total monthly$2,881.42$5,921.19$5,016.90
Cash to close$530,573$59,900$59,900