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$207,523$207,523$359,910
Remaining term (yrs)23.723.730.0
Secondary amount$0$152,387$0
Funding fee$0$0$0
Note rate3.900%3.900%7.320%
Blended rate4.750%6.126%7.560%
1st payment$1,115.43$1,115.43$2,472.33
2nd payment$0.00$1,015.91$0.00
Taxes / mo$256.71$256.71$256.71
Insurance / mo$150.00$150.00$150.00
MI / mo$170.40$170.40$71.98
HOA / mo$4.58$4.58$4.58
Total monthly$1,697.12$2,713.03$2,955.60
Cash to close$192,377$39,990$39,990