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$202,257$202,257$314,910
Remaining term (yrs)23.123.130.0
Secondary amount$0$112,653$0
Funding fee$0$0$0
Note rate3.610%3.610%7.320%
Blended rate4.460%5.726%7.560%
1st payment$1,072.26$1,072.26$2,163.21
2nd payment$0.00$751.02$0.00
Taxes / mo$414.42$414.42$414.42
Insurance / mo$150.00$150.00$150.00
MI / mo$166.85$166.85$62.98
HOA / mo$20.83$20.83$20.83
Total monthly$1,824.36$2,575.38$2,811.44
Cash to close$147,643$34,990$34,990