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$10,453$10,453$170,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$160,457$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%7.793%7.560%
1st payment$52.96$52.96$1,174.03
2nd payment$0.00$1,069.71$0.00
Taxes / mo$91.00$91.00$91.00
Insurance / mo$150.00$150.00$150.00
MI / mo$8.09$8.09$34.18
HOA / mo$0.00$0.00$0.00
Total monthly$302.05$1,371.76$1,449.22
Cash to close$179,447$18,990$18,990