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$326,055$326,055$990,000
Remaining term (yrs)15.715.730.0
Secondary amount$0$663,945$0
Funding fee$0$0$0
Note rate3.790%3.790%7.320%
Blended rate4.640%6.726%7.560%
1st payment$2,284.79$2,284.79$6,800.61
2nd payment$0.00$4,287.98$0.00
Taxes / mo$916.67$916.67$916.67
Insurance / mo$216.67$216.67$216.67
MI / mo$347.75$347.75$198.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,765.88$8,053.86$8,131.95
Cash to close$773,945$110,000$110,000