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$418,262$418,262$719,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$300,838$0
Funding fee$0$0$0
Note rate2.720%2.720%7.400%
Blended rate3.570%5.319%7.640%
1st payment$1,955.19$1,955.19$4,978.90
2nd payment$0.00$1,942.91$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$340.57$340.57$143.82
HOA / mo$418.00$418.00$418.00
Total monthly$3,596.26$5,539.17$6,423.22
Cash to close$380,738$79,900$79,900