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$332,674$332,674$404,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$72,236$0
Funding fee$0$0$0
Note rate3.690%3.690%7.400%
Blended rate4.540%5.336%7.640%
1st payment$1,679.27$1,679.27$2,803.52
2nd payment$0.00$541.77$0.00
Taxes / mo$181.17$181.17$181.17
Insurance / mo$150.00$150.00$150.00
MI / mo$258.74$258.74$80.98
HOA / mo$36.67$36.67$36.67
Total monthly$2,305.84$2,847.61$3,252.33
Cash to close$117,226$44,990$44,990