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$371,103$371,103$386,910
Remaining term (yrs)24.824.830.0
Secondary amount$0$37,302$0
Funding fee$0$0$0
Note rate3.020%3.020%7.320%
Blended rate3.870%4.601%7.560%
1st payment$1,767.63$1,767.63$2,657.80
2nd payment$0.00$369.13$0.00
Taxes / mo$307.92$307.92$307.92
Insurance / mo$150.00$150.00$150.00
MI / mo$296.22$296.22$77.38
HOA / mo$0.00$0.00$0.00
Total monthly$2,521.76$2,890.90$3,193.10
Cash to close$58,797$21,495$42,990