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$128,596$128,596$265,500
Remaining term (yrs)19.119.130.0
Secondary amount$0$136,904$0
Funding fee$0$0$0
Note rate3.820%3.820%7.400%
Blended rate4.670%6.387%7.640%
1st payment$787.09$787.09$1,838.27
2nd payment$0.00$912.69$0.00
Taxes / mo$169.83$169.83$169.83
Insurance / mo$150.00$150.00$150.00
MI / mo$119.36$119.36$53.10
HOA / mo$35.83$35.83$35.83
Total monthly$1,262.11$2,174.80$2,247.03
Cash to close$166,404$29,500$29,500