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$368,713$368,713$395,550
Remaining term (yrs)25.225.230.0
Secondary amount$0$26,837$0
Funding fee$0$0$0
Note rate3.220%3.220%7.320%
Blended rate4.070%4.404%7.560%
1st payment$1,775.62$1,775.62$2,717.15
2nd payment$0.00$201.28$0.00
Taxes / mo$379.25$379.25$379.25
Insurance / mo$150.00$150.00$150.00
MI / mo$290.09$290.09$79.11
HOA / mo$340.00$340.00$340.00
Total monthly$2,934.96$3,136.24$3,665.51
Cash to close$70,787$43,950$43,950