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$524,873$524,873$547,641
Remaining term (yrs)29.629.630.0
Secondary amount$0$53,192$0
Funding fee$0$0$0
Note rate3.750%3.750%7.400%
Blended rate4.300%4.997%7.640%
1st payment$2,441.84$2,441.84$3,791.76
2nd payment$0.00$526.38$0.00
Taxes / mo$147.08$147.08$147.08
Insurance / mo$166.67$166.67$166.67
MI / mo$241.66$241.66$109.53
HOA / mo$165.00$165.00$165.00
Total monthly$3,162.25$3,688.63$4,380.03
Cash to close$83,617$30,425$60,849