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$24,558$24,558$139,410
Remaining term (yrs)15.915.930.0
Secondary amount$0$114,852$0
Funding fee$0$0$0
Note rate3.550%3.550%7.400%
Blended rate4.400%7.366%7.640%
1st payment$167.84$167.84$965.25
2nd payment$0.00$765.68$0.00
Taxes / mo$69.00$69.00$69.00
Insurance / mo$150.00$150.00$150.00
MI / mo$26.31$26.31$27.88
HOA / mo$150.00$150.00$150.00
Total monthly$563.15$1,328.83$1,362.13
Cash to close$130,342$15,490$15,490