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$5,281$5,281$227,700
Remaining term (yrs)15.415.430.0
Secondary amount$0$222,419$0
Funding fee$0$0$0
Note rate2.730%2.730%7.400%
Blended rate3.580%7.653%7.640%
1st payment$34.70$34.70$1,576.55
2nd payment$0.00$1,436.46$0.00
Taxes / mo$190.17$190.17$190.17
Insurance / mo$150.00$150.00$150.00
MI / mo$4.71$4.71$45.54
HOA / mo$169.00$169.00$169.00
Total monthly$548.58$1,985.04$2,131.26
Cash to close$247,719$25,300$25,300