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$372,045$372,045$719,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$347,865$0
Funding fee$0$0$0
Note rate3.070%3.070%7.320%
Blended rate3.920%5.771%7.560%
1st payment$1,831.54$1,831.54$4,945.28
2nd payment$0.00$2,246.63$0.00
Taxes / mo$290.92$290.92$290.92
Insurance / mo$216.67$216.67$216.67
MI / mo$304.98$304.98$143.98
HOA / mo$45.00$45.00$45.00
Total monthly$2,689.10$4,935.73$5,641.85
Cash to close$427,855$79,990$79,990