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$98,673$98,673$269,100
Remaining term (yrs)19.119.130.0
Secondary amount$0$170,427$0
Funding fee$0$0$0
Note rate3.960%3.960%7.320%
Blended rate4.810%6.830%7.560%
1st payment$611.12$611.12$1,848.53
2nd payment$0.00$1,136.18$0.00
Taxes / mo$80.00$80.00$80.00
Insurance / mo$150.00$150.00$150.00
MI / mo$91.11$91.11$53.82
HOA / mo$138.00$138.00$138.00
Total monthly$1,070.23$2,206.42$2,270.35
Cash to close$200,327$29,900$29,900