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$152,388$152,388$332,910
Remaining term (yrs)19.519.530.0
Secondary amount$0$180,522$0
Funding fee$0$0$0
Note rate3.690%3.690%7.400%
Blended rate4.540%6.416%7.640%
1st payment$909.05$909.05$2,305.00
2nd payment$0.00$1,203.48$0.00
Taxes / mo$190.33$190.33$190.33
Insurance / mo$150.00$150.00$150.00
MI / mo$140.07$140.07$66.58
HOA / mo$115.00$115.00$115.00
Total monthly$1,504.45$2,707.93$2,826.92
Cash to close$217,512$36,990$36,990