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$170,305$170,305$269,550
Remaining term (yrs)23.923.930.0
Secondary amount$0$99,245$0
Funding fee$0$0$0
Note rate3.020%3.020%7.400%
Blended rate3.870%5.759%7.640%
1st payment$830.05$830.05$1,866.31
2nd payment$0.00$744.34$0.00
Taxes / mo$143.67$143.67$143.67
Insurance / mo$150.00$150.00$150.00
MI / mo$139.10$139.10$53.91
HOA / mo$460.00$460.00$460.00
Total monthly$1,722.82$2,467.16$2,673.89
Cash to close$129,195$29,950$29,950