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$681,213$681,213$1,259,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$577,887$0
Funding fee$0$0$0
Note rate3.110%3.110%7.400%
Blended rate3.960%5.699%7.640%
1st payment$3,241.06$3,241.06$8,717.75
2nd payment$0.00$3,732.18$0.00
Taxes / mo$1,165.83$1,165.83$1,165.83
Insurance / mo$216.67$216.67$216.67
MI / mo$536.94$536.94$251.82
HOA / mo$264.00$264.00$264.00
Total monthly$5,424.50$9,156.69$10,616.07
Cash to close$717,787$139,900$139,900