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$370,225$370,225$422,991
Remaining term (yrs)25.625.630.0
Secondary amount$0$52,766$0
Funding fee$0$0$0
Note rate5.250%5.250%7.320%
Blended rate6.100%6.462%7.560%
1st payment$2,187.41$2,187.41$2,905.65
2nd payment$0.00$395.75$0.00
Taxes / mo$642.58$642.58$642.58
Insurance / mo$166.67$166.67$166.67
MI / mo$280.59$280.59$84.60
HOA / mo$170.33$170.33$170.33
Total monthly$3,447.57$3,843.32$3,969.83
Cash to close$99,765$46,999$46,999