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$354,267$354,267$448,830
Remaining term (yrs)25.425.430.0
Secondary amount$0$94,563$0
Funding fee$0$0$0
Note rate3.920%3.920%7.320%
Blended rate4.770%5.661%7.560%
1st payment$1,832.95$1,832.95$3,083.15
2nd payment$0.00$709.22$0.00
Taxes / mo$295.00$295.00$295.00
Insurance / mo$166.67$166.67$166.67
MI / mo$274.60$274.60$89.77
HOA / mo$111.00$111.00$111.00
Total monthly$2,680.21$3,389.43$3,745.58
Cash to close$144,433$49,870$49,870