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$174,731$174,731$238,500
Remaining term (yrs)23.123.130.0
Secondary amount$0$63,769$0
Funding fee$0$0$0
Note rate3.620%3.620%7.320%
Blended rate4.470%5.681%7.560%
1st payment$927.26$927.26$1,638.33
2nd payment$0.00$478.27$0.00
Taxes / mo$277.00$277.00$277.00
Insurance / mo$150.00$150.00$150.00
MI / mo$144.11$144.11$47.70
HOA / mo$300.00$300.00$300.00
Total monthly$1,798.37$2,276.64$2,413.03
Cash to close$90,269$26,500$26,500