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$336,740$336,740$392,400
Remaining term (yrs)25.525.530.0
Secondary amount$0$55,660$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%5.233%7.640%
1st payment$1,706.02$1,706.02$2,716.90
2nd payment$0.00$417.45$0.00
Taxes / mo$363.33$363.33$363.33
Insurance / mo$150.00$150.00$150.00
MI / mo$260.62$260.62$78.48
HOA / mo$0.00$0.00$0.00
Total monthly$2,479.97$2,897.42$3,308.71
Cash to close$99,260$43,600$43,600