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$385,928$385,928$404,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$41,477$0
Funding fee$0$0$0
Note rate3.850%3.850%7.400%
Blended rate4.700%5.396%7.640%
1st payment$1,974.30$1,974.30$2,803.52
2nd payment$0.00$410.45$0.00
Taxes / mo$265.67$265.67$265.67
Insurance / mo$150.00$150.00$150.00
MI / mo$298.30$298.30$80.98
HOA / mo$55.00$55.00$55.00
Total monthly$2,743.26$3,153.72$3,355.16
Cash to close$63,972$22,495$44,990