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$192,179$192,179$341,550
Remaining term (yrs)19.419.430.0
Secondary amount$0$149,371$0
Funding fee$0$0$0
Note rate3.780%3.780%7.400%
Blended rate4.630%6.104%7.640%
1st payment$1,162.05$1,162.05$2,364.82
2nd payment$0.00$995.81$0.00
Taxes / mo$316.25$316.25$316.25
Insurance / mo$150.00$150.00$150.00
MI / mo$177.08$177.08$68.31
HOA / mo$0.00$0.00$0.00
Total monthly$1,805.38$2,801.19$2,899.38
Cash to close$187,321$37,950$37,950