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$380,622$380,622$503,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$123,288$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.205%7.640%
1st payment$1,871.89$1,871.89$3,488.97
2nd payment$0.00$821.92$0.00
Taxes / mo$620.43$620.43$620.43
Insurance / mo$166.67$166.67$166.67
MI / mo$297.12$297.12$100.78
HOA / mo$129.00$129.00$129.00
Total monthly$3,085.11$3,907.03$4,505.85
Cash to close$179,278$55,990$55,990