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$457,701$457,701$989,906
Remaining term (yrs)19.919.930.0
Secondary amount$0$532,204$0
Funding fee$0$0$0
Note rate3.430%3.430%7.400%
Blended rate4.280%6.146%7.640%
1st payment$2,630.43$2,630.43$6,853.91
2nd payment$0.00$3,437.15$0.00
Taxes / mo$916.58$916.58$916.58
Insurance / mo$216.67$216.67$216.67
MI / mo$418.56$418.56$197.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,182.24$7,619.39$8,185.13
Cash to close$642,194$109,990$109,990