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$212,538$212,538$332,910
Remaining term (yrs)19.519.530.0
Secondary amount$0$120,372$0
Funding fee$0$0$0
Note rate3.690%3.690%7.320%
Blended rate4.540%5.791%7.560%
1st payment$1,267.87$1,267.87$2,286.86
2nd payment$0.00$802.48$0.00
Taxes / mo$418.17$418.17$418.17
Insurance / mo$150.00$150.00$150.00
MI / mo$195.35$195.35$66.58
HOA / mo$140.00$140.00$140.00
Total monthly$2,171.39$2,973.87$3,061.61
Cash to close$157,362$36,990$36,990