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$367,638$367,638$413,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$46,272$0
Funding fee$0$0$0
Note rate3.220%3.220%7.400%
Blended rate4.070%4.621%7.640%
1st payment$1,766.69$1,766.69$2,865.83
2nd payment$0.00$347.04$0.00
Taxes / mo$243.83$243.83$243.83
Insurance / mo$166.67$166.67$166.67
MI / mo$288.63$288.63$82.78
HOA / mo$0.00$0.00$0.00
Total monthly$2,465.82$2,812.86$3,359.11
Cash to close$92,262$45,990$45,990