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$329,469$329,469$567,000
Remaining term (yrs)23.323.330.0
Secondary amount$0$237,531$0
Funding fee$0$0$0
Note rate3.640%3.640%7.320%
Blended rate4.490%5.856%7.560%
1st payment$1,744.00$1,744.00$3,894.90
2nd payment$0.00$1,534.05$0.00
Taxes / mo$240.33$240.33$240.33
Insurance / mo$166.67$166.67$166.67
MI / mo$270.38$270.38$113.40
HOA / mo$112.00$112.00$112.00
Total monthly$2,533.37$4,067.43$4,527.30
Cash to close$300,531$63,000$63,000