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$312,679$312,679$765,000
Remaining term (yrs)18.118.130.0
Secondary amount$0$452,321$0
Funding fee$0$0$0
Note rate4.110%4.110%7.400%
Blended rate4.960%6.610%7.640%
1st payment$2,031.87$2,031.87$5,296.71
2nd payment$0.00$2,921.24$0.00
Taxes / mo$251.17$251.17$251.17
Insurance / mo$216.67$216.67$216.67
MI / mo$297.50$297.50$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,797.20$5,718.45$5,917.54
Cash to close$537,321$85,000$85,000