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$182,379$182,379$247,500
Remaining term (yrs)23.323.330.0
Secondary amount$0$65,121$0
Funding fee$0$0$0
Note rate3.680%3.680%7.320%
Blended rate4.530%5.706%7.560%
1st payment$969.29$969.29$1,700.15
2nd payment$0.00$488.41$0.00
Taxes / mo$345.17$345.17$345.17
Insurance / mo$150.00$150.00$150.00
MI / mo$149.53$149.53$49.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,613.99$2,102.40$2,244.82
Cash to close$92,621$27,500$27,500