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$172,868$172,868$224,999
Remaining term (yrs)22.822.830.0
Secondary amount$0$52,132$0
Funding fee$0$0$0
Note rate3.800%3.800%7.400%
Blended rate4.650%5.658%7.640%
1st payment$942.48$942.48$1,557.85
2nd payment$0.00$390.99$0.00
Taxes / mo$208.33$208.33$208.33
Insurance / mo$150.00$150.00$150.00
MI / mo$143.27$143.27$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,444.09$1,835.08$1,961.18
Cash to close$77,131$25,000$25,000