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$380,952$380,952$436,410
Remaining term (yrs)25.325.330.0
Secondary amount$0$55,458$0
Funding fee$0$0$0
Note rate3.110%3.110%7.400%
Blended rate3.960%4.600%7.640%
1st payment$1,808.58$1,808.58$3,021.61
2nd payment$0.00$415.93$0.00
Taxes / mo$209.67$209.67$209.67
Insurance / mo$166.67$166.67$166.67
MI / mo$299.63$299.63$87.28
HOA / mo$0.00$0.00$0.00
Total monthly$2,484.54$2,900.47$3,485.23
Cash to close$103,948$48,490$48,490