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$379,205$379,205$405,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$25,795$0
Funding fee$0$0$0
Note rate3.090%3.090%7.400%
Blended rate3.940%4.262%7.640%
1st payment$1,800.20$1,800.20$2,804.14
2nd payment$0.00$193.46$0.00
Taxes / mo$467.08$467.08$467.08
Insurance / mo$150.00$150.00$150.00
MI / mo$299.00$299.00$81.00
HOA / mo$84.00$84.00$84.00
Total monthly$2,800.27$2,993.73$3,586.22
Cash to close$70,795$45,000$45,000