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$209,479$209,479$313,200
Remaining term (yrs)22.222.230.0
Secondary amount$0$103,721$0
Funding fee$0$0$0
Note rate3.680%3.680%7.400%
Blended rate4.530%5.679%7.640%
1st payment$1,147.48$1,147.48$2,168.53
2nd payment$0.00$691.47$0.00
Taxes / mo$427.67$427.67$427.67
Insurance / mo$150.00$150.00$150.00
MI / mo$173.73$173.73$62.64
HOA / mo$375.00$375.00$375.00
Total monthly$2,273.88$2,965.35$3,183.84
Cash to close$138,521$34,800$34,800