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$295,944$295,944$324,900
Remaining term (yrs)25.425.430.0
Secondary amount$0$28,956$0
Funding fee$0$0$0
Note rate3.560%3.560%7.400%
Blended rate4.410%4.819%7.640%
1st payment$1,472.98$1,472.98$2,249.54
2nd payment$0.00$217.17$0.00
Taxes / mo$223.42$223.42$223.42
Insurance / mo$150.00$150.00$150.00
MI / mo$230.63$230.63$64.98
HOA / mo$140.00$140.00$140.00
Total monthly$2,217.03$2,434.20$2,827.94
Cash to close$65,056$36,100$36,100