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$369,475$369,475$377,999
Remaining term (yrs)25.725.730.0
Secondary amount$0$29,524$0
Funding fee$0$0$0
Note rate5.250%5.250%7.400%
Blended rate6.100%6.527%7.640%
1st payment$2,179.65$2,179.65$2,617.19
2nd payment$0.00$292.17$0.00
Taxes / mo$350.00$350.00$350.00
Insurance / mo$150.00$150.00$150.00
MI / mo$279.59$279.59$75.60
HOA / mo$175.00$175.00$175.00
Total monthly$3,134.24$3,426.41$3,367.79
Cash to close$50,524$21,000$42,000