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$368,109$368,109$395,910
Remaining term (yrs)28.028.030.0
Secondary amount$0$27,801$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.550%1.143%7.640%
1st payment$1,022.53$1,022.53$2,741.20
2nd payment$0.00$208.51$0.00
Taxes / mo$87.77$87.77$87.77
Insurance / mo$150.00$150.00$150.00
MI / mo$168.72$168.72$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,429.02$1,637.52$3,058.16
Cash to close$71,791$43,990$43,990