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$384,094$384,094$404,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$42,456$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%5.333%7.560%
1st payment$1,949.70$1,949.70$2,775.89
2nd payment$0.00$420.14$0.00
Taxes / mo$385.92$385.92$385.92
Insurance / mo$150.00$150.00$150.00
MI / mo$297.84$297.84$80.82
HOA / mo$9.17$9.17$9.17
Total monthly$2,792.63$3,212.77$3,401.79
Cash to close$64,906$22,450$44,900