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$345,825$345,825$391,500
Remaining term (yrs)25.525.530.0
Secondary amount$0$45,675$0
Funding fee$0$0$0
Note rate4.420%4.420%7.400%
Blended rate5.270%5.705%7.640%
1st payment$1,879.48$1,879.48$2,710.67
2nd payment$0.00$342.57$0.00
Taxes / mo$257.67$257.67$257.67
Insurance / mo$150.00$150.00$150.00
MI / mo$265.23$265.23$78.30
HOA / mo$139.00$139.00$139.00
Total monthly$2,691.37$3,033.94$3,335.63
Cash to close$89,175$43,500$43,500