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$374,461$374,461$463,410
Remaining term (yrs)24.824.830.0
Secondary amount$0$88,949$0
Funding fee$0$0$0
Note rate2.990%2.990%7.400%
Blended rate3.840%4.830%7.640%
1st payment$1,777.78$1,777.78$3,208.56
2nd payment$0.00$667.12$0.00
Taxes / mo$429.08$429.08$429.08
Insurance / mo$166.67$166.67$166.67
MI / mo$299.07$299.07$92.68
HOA / mo$200.00$200.00$200.00
Total monthly$2,872.60$3,539.71$4,096.99
Cash to close$140,439$51,490$51,490