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$181,567$181,567$269,100
Remaining term (yrs)23.123.130.0
Secondary amount$0$87,533$0
Funding fee$0$0$0
Note rate3.780%3.780%7.320%
Blended rate4.630%6.051%7.560%
1st payment$979.06$979.06$1,848.53
2nd payment$0.00$656.50$0.00
Taxes / mo$328.25$328.25$328.25
Insurance / mo$150.00$150.00$150.00
MI / mo$149.20$149.20$53.82
HOA / mo$159.00$159.00$159.00
Total monthly$1,765.51$2,422.01$2,539.60
Cash to close$117,433$29,900$29,900