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$165,519$165,519$225,000
Remaining term (yrs)23.623.630.0
Secondary amount$0$59,481$0
Funding fee$0$0$0
Note rate3.300%3.300%7.320%
Blended rate4.150%5.432%7.560%
1st payment$838.54$838.54$1,545.59
2nd payment$0.00$446.11$0.00
Taxes / mo$202.92$202.92$202.92
Insurance / mo$150.00$150.00$150.00
MI / mo$135.62$135.62$45.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,327.08$1,773.19$1,943.51
Cash to close$84,481$25,000$25,000