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$306,772$306,772$359,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$53,138$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%5.258%7.560%
1st payment$1,557.21$1,557.21$2,472.33
2nd payment$0.00$398.54$0.00
Taxes / mo$233.67$233.67$233.67
Insurance / mo$150.00$150.00$150.00
MI / mo$237.88$237.88$71.98
HOA / mo$61.67$61.67$61.67
Total monthly$2,240.42$2,638.96$2,989.65
Cash to close$93,128$39,990$39,990