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$183,068$183,068$285,300
Remaining term (yrs)22.722.730.0
Secondary amount$0$102,232$0
Funding fee$0$0$0
Note rate3.820%3.820%7.400%
Blended rate4.670%5.863%7.640%
1st payment$1,002.34$1,002.34$1,975.36
2nd payment$0.00$681.55$0.00
Taxes / mo$353.17$353.17$353.17
Insurance / mo$150.00$150.00$150.00
MI / mo$152.00$152.00$57.06
HOA / mo$0.00$0.00$0.00
Total monthly$1,657.51$2,339.06$2,535.59
Cash to close$133,932$31,700$31,700