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$392,626$392,626$656,550
Remaining term (yrs)22.922.930.0
Secondary amount$0$263,924$0
Funding fee$0$0$0
Note rate3.810%3.810%7.400%
Blended rate4.660%5.902%7.640%
1st payment$2,137.86$2,137.86$4,545.82
2nd payment$0.00$1,704.51$0.00
Taxes / mo$607.92$607.92$607.92
Insurance / mo$216.67$216.67$216.67
MI / mo$324.59$324.59$131.31
HOA / mo$395.00$395.00$395.00
Total monthly$3,682.04$5,386.54$5,896.71
Cash to close$336,874$72,950$72,950