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$199,283$199,283$279,000
Remaining term (yrs)24.524.530.0
Secondary amount$0$79,717$0
Funding fee$0$0$0
Note rate3.080%3.080%7.320%
Blended rate3.930%5.379%7.560%
1st payment$961.90$961.90$1,916.54
2nd payment$0.00$597.88$0.00
Taxes / mo$134.00$134.00$134.00
Insurance / mo$150.00$150.00$150.00
MI / mo$159.97$159.97$55.80
HOA / mo$69.00$69.00$69.00
Total monthly$1,474.86$2,072.74$2,325.34
Cash to close$110,717$31,000$31,000