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$372,894$372,894$422,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$49,206$0
Funding fee$0$0$0
Note rate3.080%3.080%7.400%
Blended rate3.930%4.521%7.640%
1st payment$1,795.84$1,795.84$2,922.54
2nd payment$0.00$369.05$0.00
Taxes / mo$390.83$390.83$390.83
Insurance / mo$166.67$166.67$166.67
MI / mo$298.65$298.65$84.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,651.99$3,021.03$3,564.46
Cash to close$96,106$46,900$46,900