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$233,527$233,527$282,375
Remaining term (yrs)24.724.730.0
Secondary amount$0$48,848$0
Funding fee$0$0$0
Note rate3.060%3.060%7.320%
Blended rate3.910%4.791%7.560%
1st payment$1,119.70$1,119.70$1,939.72
2nd payment$0.00$366.36$0.00
Taxes / mo$206.00$206.00$206.00
Insurance / mo$150.00$150.00$150.00
MI / mo$186.68$186.68$56.48
HOA / mo$426.00$426.00$426.00
Total monthly$2,088.38$2,454.74$2,778.20
Cash to close$80,223$31,375$31,375