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$370,376$370,376$440,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$69,724$0
Funding fee$0$0$0
Note rate4.720%4.720%7.320%
Blended rate5.570%6.113%7.560%
1st payment$2,069.73$2,069.73$3,023.18
2nd payment$0.00$522.93$0.00
Taxes / mo$407.50$407.50$407.50
Insurance / mo$166.67$166.67$166.67
MI / mo$282.02$282.02$88.02
HOA / mo$0.00$0.00$0.00
Total monthly$2,925.92$3,448.85$3,685.37
Cash to close$118,624$48,900$48,900