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$252,899$252,899$387,000
Remaining term (yrs)22.922.930.0
Secondary amount$0$134,101$0
Funding fee$0$0$0
Note rate3.770%3.770%7.400%
Blended rate4.620%5.791%7.640%
1st payment$1,368.51$1,368.51$2,679.51
2nd payment$0.00$894.01$0.00
Taxes / mo$236.83$236.83$236.83
Insurance / mo$150.00$150.00$150.00
MI / mo$208.80$208.80$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,964.14$2,858.15$3,143.74
Cash to close$177,101$43,000$43,000