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$382,074$382,074$391,491
Remaining term (yrs)25.425.430.0
Secondary amount$0$31,166$0
Funding fee$0$0$0
Note rate3.920%3.920%7.400%
Blended rate4.770%5.306%7.640%
1st payment$1,973.07$1,973.07$2,710.60
2nd payment$0.00$308.42$0.00
Taxes / mo$188.25$188.25$188.25
Insurance / mo$150.00$150.00$150.00
MI / mo$295.59$295.59$78.30
HOA / mo$108.00$108.00$108.00
Total monthly$2,714.90$3,023.32$3,235.15
Cash to close$52,916$21,750$43,499