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$379,404$379,404$512,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$132,696$0
Funding fee$0$0$0
Note rate2.740%2.740%7.400%
Blended rate3.590%4.733%7.640%
1st payment$1,773.16$1,773.16$3,545.68
2nd payment$0.00$884.64$0.00
Taxes / mo$587.33$587.33$587.33
Insurance / mo$166.67$166.67$166.67
MI / mo$308.06$308.06$102.42
HOA / mo$90.00$90.00$90.00
Total monthly$2,925.22$3,809.86$4,492.10
Cash to close$189,596$56,900$56,900