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$365,149$365,149$494,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$129,761$0
Funding fee$0$0$0
Note rate3.100%3.100%7.320%
Blended rate3.950%5.012%7.560%
1st payment$1,731.63$1,731.63$3,399.69
2nd payment$0.00$865.08$0.00
Taxes / mo$131.75$131.75$131.75
Insurance / mo$166.67$166.67$166.67
MI / mo$287.24$287.24$98.98
HOA / mo$31.00$31.00$31.00
Total monthly$2,348.29$3,213.37$3,828.09
Cash to close$184,751$54,990$54,990