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$290,718$290,718$382,410
Remaining term (yrs)23.323.330.0
Secondary amount$0$91,692$0
Funding fee$0$0$0
Note rate3.720%3.720%7.320%
Blended rate4.570%5.632%7.560%
1st payment$1,547.86$1,547.86$2,626.89
2nd payment$0.00$687.69$0.00
Taxes / mo$525.00$525.00$525.00
Insurance / mo$150.00$150.00$150.00
MI / mo$237.62$237.62$76.48
HOA / mo$2.08$2.08$2.08
Total monthly$2,462.56$3,150.25$3,380.45
Cash to close$134,182$42,490$42,490