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$133,033$133,033$225,000
Remaining term (yrs)19.419.430.0
Secondary amount$0$91,967$0
Funding fee$0$0$0
Note rate3.680%3.680%7.320%
Blended rate4.530%6.357%7.560%
1st payment$797.52$797.52$1,545.59
2nd payment$0.00$689.75$0.00
Taxes / mo$594.72$594.72$594.72
Insurance / mo$150.00$150.00$150.00
MI / mo$123.03$123.03$45.00
HOA / mo$17.67$17.67$17.67
Total monthly$1,682.95$2,372.70$2,352.99
Cash to close$116,967$25,000$25,000