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$174,854$174,854$314,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$140,056$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.946%7.640%
1st payment$899.66$899.66$2,180.37
2nd payment$0.00$933.71$0.00
Taxes / mo$161.33$161.33$161.33
Insurance / mo$150.00$150.00$150.00
MI / mo$142.80$142.80$62.98
HOA / mo$458.00$458.00$458.00
Total monthly$1,811.79$2,745.50$3,012.69
Cash to close$175,046$34,990$34,990