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$378,617$378,617$431,100
Remaining term (yrs)25.925.930.0
Secondary amount$0$52,483$0
Funding fee$0$0$0
Note rate5.410%5.410%7.400%
Blended rate6.260%6.594%7.640%
1st payment$2,263.08$2,263.08$2,984.85
2nd payment$0.00$393.62$0.00
Taxes / mo$399.17$399.17$399.17
Insurance / mo$166.67$166.67$166.67
MI / mo$285.16$285.16$86.22
HOA / mo$0.00$0.00$0.00
Total monthly$3,114.07$3,507.70$3,636.90
Cash to close$100,383$47,900$47,900