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$174,733$174,733$359,991
Remaining term (yrs)23.823.830.0
Secondary amount$0$185,258$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%5.937%7.640%
1st payment$844.88$844.88$2,492.50
2nd payment$0.00$1,235.05$0.00
Taxes / mo$255.92$255.92$255.92
Insurance / mo$150.00$150.00$150.00
MI / mo$143.78$143.78$72.00
HOA / mo$75.00$75.00$75.00
Total monthly$1,469.58$2,704.63$3,045.42
Cash to close$225,257$39,999$39,999