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$376,559$376,559$629,100
Remaining term (yrs)23.223.230.0
Secondary amount$0$252,541$0
Funding fee$0$0$0
Note rate3.780%3.780%7.240%
Blended rate4.630%5.882%7.480%
1st payment$2,025.99$2,025.99$4,287.30
2nd payment$0.00$1,631.00$0.00
Taxes / mo$582.50$582.50$582.50
Insurance / mo$166.67$166.67$166.67
MI / mo$308.74$308.74$125.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,083.90$4,714.89$5,162.29
Cash to close$322,441$69,900$69,900