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$377,272$377,272$501,750
Remaining term (yrs)24.624.630.0
Secondary amount$0$124,478$0
Funding fee$0$0$0
Note rate3.060%3.060%7.400%
Blended rate3.910%4.925%7.640%
1st payment$1,812.99$1,812.99$3,474.02
2nd payment$0.00$829.85$0.00
Taxes / mo$244.00$244.00$244.00
Insurance / mo$166.67$166.67$166.67
MI / mo$302.27$302.27$100.35
HOA / mo$43.00$43.00$43.00
Total monthly$2,568.93$3,398.78$4,028.03
Cash to close$180,228$55,750$55,750