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$266,668$266,668$278,100
Remaining term (yrs)25.325.330.0
Secondary amount$0$26,882$0
Funding fee$0$0$0
Note rate3.100%3.100%7.320%
Blended rate3.950%4.676%7.560%
1st payment$1,264.61$1,264.61$1,910.35
2nd payment$0.00$266.02$0.00
Taxes / mo$283.07$283.07$283.07
Insurance / mo$150.00$150.00$150.00
MI / mo$209.77$209.77$55.62
HOA / mo$129.00$129.00$129.00
Total monthly$2,036.46$2,302.47$2,528.04
Cash to close$42,332$15,450$30,900