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$449,327$449,327$476,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$26,773$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%4.857%7.560%
1st payment$2,276.42$2,276.42$3,270.48
2nd payment$0.00$200.80$0.00
Taxes / mo$257.42$257.42$257.42
Insurance / mo$166.67$166.67$166.67
MI / mo$347.75$347.75$95.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,048.25$3,249.05$3,789.78
Cash to close$79,673$52,900$52,900