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$252,258$252,258$382,410
Remaining term (yrs)23.623.630.0
Secondary amount$0$130,152$0
Funding fee$0$0$0
Note rate3.450%3.450%7.400%
Blended rate4.300%5.559%7.640%
1st payment$1,297.92$1,297.92$2,647.73
2nd payment$0.00$867.68$0.00
Taxes / mo$431.92$431.92$431.92
Insurance / mo$150.00$150.00$150.00
MI / mo$206.01$206.01$76.48
HOA / mo$258.00$258.00$258.00
Total monthly$2,343.85$3,211.53$3,564.13
Cash to close$172,642$42,490$42,490