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$327,951$327,951$431,910
Remaining term (yrs)19.519.530.0
Secondary amount$0$103,959$0
Funding fee$0$0$0
Note rate3.800%3.800%7.400%
Blended rate4.650%5.456%7.640%
1st payment$1,975.06$1,975.06$2,990.46
2nd payment$0.00$693.06$0.00
Taxes / mo$293.25$293.25$293.25
Insurance / mo$166.67$166.67$166.67
MI / mo$300.24$300.24$86.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,735.22$3,428.28$3,536.76
Cash to close$151,949$47,990$47,990