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$184,176$184,176$382,500
Remaining term (yrs)15.215.230.0
Secondary amount$0$198,324$0
Funding fee$0$0$0
Note rate3.090%3.090%7.320%
Blended rate3.940%6.045%7.560%
1st payment$1,258.01$1,258.01$2,627.51
2nd payment$0.00$1,322.16$0.00
Taxes / mo$381.30$381.30$381.30
Insurance / mo$150.00$150.00$150.00
MI / mo$159.38$159.38$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,948.68$3,270.84$3,235.31
Cash to close$240,824$42,500$42,500