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$410,127$410,127$674,989
Remaining term (yrs)24.424.430.0
Secondary amount$0$264,862$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%5.216%7.640%
1st payment$1,910.10$1,910.10$4,673.49
2nd payment$0.00$1,710.57$0.00
Taxes / mo$624.99$624.99$624.99
Insurance / mo$216.67$216.67$216.67
MI / mo$332.28$332.28$135.00
HOA / mo$383.00$383.00$383.00
Total monthly$3,467.03$5,177.60$6,033.14
Cash to close$339,861$74,999$74,999