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$363,098$363,098$433,800
Remaining term (yrs)25.925.930.0
Secondary amount$0$70,702$0
Funding fee$0$0$0
Note rate5.130%5.130%7.400%
Blended rate5.980%6.472%7.640%
1st payment$2,106.45$2,106.45$3,003.54
2nd payment$0.00$530.27$0.00
Taxes / mo$401.67$401.67$401.67
Insurance / mo$166.67$166.67$166.67
MI / mo$273.88$273.88$86.76
HOA / mo$0.00$0.00$0.00
Total monthly$2,948.66$3,478.93$3,658.64
Cash to close$118,902$48,200$48,200