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$444,233$444,233$539,999
Remaining term (yrs)24.324.330.0
Secondary amount$0$95,766$0
Funding fee$0$0$0
Note rate2.670%2.670%7.400%
Blended rate3.520%4.492%7.640%
1st payment$2,065.31$2,065.31$3,738.84
2nd payment$0.00$718.25$0.00
Taxes / mo$470.08$470.08$470.08
Insurance / mo$166.67$166.67$166.67
MI / mo$362.10$362.10$108.00
HOA / mo$0.00$0.00$0.00
Total monthly$3,064.16$3,782.40$4,483.59
Cash to close$155,766$60,000$60,000