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$323,822$323,822$333,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$27,678$0
Funding fee$0$0$0
Note rate3.180%3.180%7.320%
Blended rate4.030%4.648%7.560%
1st payment$1,579.96$1,579.96$2,287.48
2nd payment$0.00$273.90$0.00
Taxes / mo$183.75$183.75$183.75
Insurance / mo$150.00$150.00$150.00
MI / mo$259.44$259.44$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$2,173.14$2,447.05$2,687.83
Cash to close$46,178$18,500$37,000