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$379,325$379,325$521,100
Remaining term (yrs)24.424.430.0
Secondary amount$0$141,775$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%4.783%7.640%
1st payment$1,770.86$1,770.86$3,607.99
2nd payment$0.00$945.17$0.00
Taxes / mo$587.33$587.33$587.33
Insurance / mo$166.67$166.67$166.67
MI / mo$308.06$308.06$104.22
HOA / mo$90.00$90.00$90.00
Total monthly$2,922.92$3,868.09$4,556.21
Cash to close$199,675$57,900$57,900