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$169,583$169,583$235,800
Remaining term (yrs)22.922.930.0
Secondary amount$0$66,217$0
Funding fee$0$0$0
Note rate3.600%3.600%7.400%
Blended rate4.450%5.728%7.640%
1st payment$904.39$904.39$1,632.63
2nd payment$0.00$496.63$0.00
Taxes / mo$448.08$448.08$448.08
Insurance / mo$150.00$150.00$150.00
MI / mo$140.90$140.90$47.16
HOA / mo$64.67$64.67$64.67
Total monthly$1,708.04$2,204.67$2,342.54
Cash to close$92,417$26,200$26,200