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$182,189$182,189$301,410
Remaining term (yrs)22.722.730.0
Secondary amount$0$119,221$0
Funding fee$0$0$0
Note rate3.820%3.820%7.400%
Blended rate4.670%5.987%7.640%
1st payment$997.53$997.53$2,086.90
2nd payment$0.00$794.81$0.00
Taxes / mo$281.75$281.75$281.75
Insurance / mo$150.00$150.00$150.00
MI / mo$151.27$151.27$60.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,580.55$2,375.36$2,578.93
Cash to close$152,711$33,490$33,490