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$135,947$135,947$179,991
Remaining term (yrs)24.624.630.0
Secondary amount$0$44,044$0
Funding fee$0$0$0
Note rate3.080%3.080%7.400%
Blended rate3.930%5.171%7.640%
1st payment$654.71$654.71$1,246.22
2nd payment$0.00$330.33$0.00
Taxes / mo$125.08$125.08$125.08
Insurance / mo$150.00$150.00$150.00
MI / mo$108.88$108.88$36.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,038.67$1,369.01$1,557.30
Cash to close$64,043$19,999$19,999