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$370,046$370,046$413,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$43,864$0
Funding fee$0$0$0
Note rate3.690%3.690%7.320%
Blended rate4.540%5.013%7.560%
1st payment$1,864.24$1,864.24$2,843.27
2nd payment$0.00$328.98$0.00
Taxes / mo$192.08$192.08$192.08
Insurance / mo$166.67$166.67$166.67
MI / mo$287.24$287.24$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,510.23$2,839.22$3,284.81
Cash to close$89,854$45,990$45,990