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$237,111$237,111$373,500
Remaining term (yrs)23.923.930.0
Secondary amount$0$136,389$0
Funding fee$0$0$0
Note rate2.930%2.930%7.320%
Blended rate3.780%5.321%7.560%
1st payment$1,144.65$1,144.65$2,565.69
2nd payment$0.00$909.26$0.00
Taxes / mo$328.92$328.92$328.92
Insurance / mo$150.00$150.00$150.00
MI / mo$194.05$194.05$74.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,817.61$2,726.87$3,119.30
Cash to close$177,889$41,500$41,500