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$336,021$336,021$373,410
Remaining term (yrs)25.225.230.0
Secondary amount$0$37,389$0
Funding fee$0$0$0
Note rate3.070%3.070%7.320%
Blended rate3.920%4.429%7.560%
1st payment$1,591.66$1,591.66$2,565.07
2nd payment$0.00$280.42$0.00
Taxes / mo$371.92$371.92$371.92
Insurance / mo$150.00$150.00$150.00
MI / mo$265.03$265.03$74.68
HOA / mo$0.00$0.00$0.00
Total monthly$2,378.62$2,659.03$3,161.67
Cash to close$78,879$41,490$41,490