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$269,888$269,888$692,991
Remaining term (yrs)18.718.730.0
Secondary amount$0$423,103$0
Funding fee$0$0$0
Note rate3.660%3.660%7.400%
Blended rate4.510%6.488%7.640%
1st payment$1,654.44$1,654.44$4,798.13
2nd payment$0.00$2,732.54$0.00
Taxes / mo$641.66$641.66$641.66
Insurance / mo$216.67$216.67$216.67
MI / mo$255.86$255.86$138.60
HOA / mo$145.00$145.00$145.00
Total monthly$2,913.62$5,646.16$5,940.05
Cash to close$500,102$76,999$76,999