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$132,754$132,754$256,410
Remaining term (yrs)19.619.630.0
Secondary amount$0$123,656$0
Funding fee$0$0$0
Note rate3.680%3.680%7.320%
Blended rate4.530%6.203%7.560%
1st payment$788.96$788.96$1,761.36
2nd payment$0.00$824.38$0.00
Taxes / mo$282.17$282.17$282.17
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$51.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,342.84$2,167.22$2,244.81
Cash to close$152,146$28,490$28,490