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$128,399$128,399$508,410
Remaining term (yrs)16.216.230.0
Secondary amount$0$380,011$0
Funding fee$0$0$0
Note rate3.400%3.400%7.320%
Blended rate4.250%6.866%7.560%
1st payment$854.65$854.65$3,492.42
2nd payment$0.00$2,454.24$0.00
Taxes / mo$174.75$174.75$174.75
Insurance / mo$166.67$166.67$166.67
MI / mo$136.51$136.51$101.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,332.57$3,786.81$3,935.52
Cash to close$436,501$56,490$56,490