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$443,974$443,974$467,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$49,076$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%5.333%7.640%
1st payment$2,253.66$2,253.66$3,234.11
2nd payment$0.00$485.65$0.00
Taxes / mo$432.50$432.50$432.50
Insurance / mo$166.67$166.67$166.67
MI / mo$344.27$344.27$93.42
HOA / mo$0.00$0.00$0.00
Total monthly$3,197.10$3,682.75$3,926.69
Cash to close$75,026$25,950$51,900