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$167,700$167,700$441,000
Remaining term (yrs)18.718.730.0
Secondary amount$0$273,300$0
Funding fee$0$0$0
Note rate3.670%3.670%7.400%
Blended rate4.520%6.522%7.640%
1st payment$1,028.88$1,028.88$3,053.39
2nd payment$0.00$1,765.06$0.00
Taxes / mo$344.58$344.58$344.58
Insurance / mo$166.67$166.67$166.67
MI / mo$158.92$158.92$88.20
HOA / mo$33.00$33.00$33.00
Total monthly$1,732.05$3,497.11$3,685.84
Cash to close$322,300$49,000$49,000