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$441,852$441,852$517,500
Remaining term (yrs)24.924.930.0
Secondary amount$0$75,648$0
Funding fee$0$0$0
Note rate3.040%3.040%7.400%
Blended rate3.890%4.637%7.640%
1st payment$2,099.85$2,099.85$3,583.07
2nd payment$0.00$567.36$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$350.99$350.99$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$3,096.67$3,664.03$4,332.40
Cash to close$133,148$57,500$57,500