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$372,763$372,763$512,910
Remaining term (yrs)22.922.930.0
Secondary amount$0$140,147$0
Funding fee$0$0$0
Note rate3.010%3.010%7.400%
Blended rate3.860%4.991%7.640%
1st payment$1,873.24$1,873.24$3,551.29
2nd payment$0.00$934.31$0.00
Taxes / mo$474.92$474.92$474.92
Insurance / mo$166.67$166.67$166.67
MI / mo$307.77$307.77$102.58
HOA / mo$145.00$145.00$145.00
Total monthly$2,967.59$3,901.91$4,440.45
Cash to close$197,137$56,990$56,990