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$254,201$254,201$628,200
Remaining term (yrs)19.119.130.0
Secondary amount$0$373,999$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%6.479%7.640%
1st payment$1,547.96$1,547.96$4,349.53
2nd payment$0.00$2,415.41$0.00
Taxes / mo$581.67$581.67$581.67
Insurance / mo$166.67$166.67$166.67
MI / mo$236.47$236.47$125.64
HOA / mo$250.00$250.00$250.00
Total monthly$2,782.77$5,198.18$5,473.50
Cash to close$443,799$69,800$69,800