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$391,499$391,499$431,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$40,411$0
Funding fee$0$0$0
Note rate4.170%4.170%7.320%
Blended rate5.020%5.392%7.560%
1st payment$2,072.42$2,072.42$2,966.92
2nd payment$0.00$303.09$0.00
Taxes / mo$127.00$127.00$127.00
Insurance / mo$166.67$166.67$166.67
MI / mo$301.26$301.26$86.38
HOA / mo$84.00$84.00$84.00
Total monthly$2,751.35$3,054.44$3,430.97
Cash to close$88,401$47,990$47,990