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$132,754$132,754$177,750
Remaining term (yrs)25.425.430.0
Secondary amount$0$44,996$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.490%7.640%
1st payment$652.88$652.88$1,230.71
2nd payment$0.00$337.47$0.00
Taxes / mo$46.86$46.86$46.86
Insurance / mo$150.00$150.00$150.00
MI / mo$103.63$103.63$35.55
HOA / mo$4.17$4.17$4.17
Total monthly$957.54$1,295.01$1,467.28
Cash to close$64,746$19,750$19,750