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$165,759$165,759$269,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$104,151$0
Funding fee$0$0$0
Note rate2.940%2.940%7.400%
Blended rate3.790%5.415%7.640%
1st payment$801.05$801.05$1,868.80
2nd payment$0.00$694.34$0.00
Taxes / mo$358.22$358.22$358.22
Insurance / mo$150.00$150.00$150.00
MI / mo$135.62$135.62$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,444.90$2,139.24$2,431.00
Cash to close$134,141$29,990$29,990