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$125,733$125,733$175,500
Remaining term (yrs)22.922.930.0
Secondary amount$0$49,767$0
Funding fee$0$0$0
Note rate3.560%3.560%7.320%
Blended rate4.410%5.712%7.560%
1st payment$666.31$666.31$1,205.56
2nd payment$0.00$373.25$0.00
Taxes / mo$79.58$79.58$79.58
Insurance / mo$150.00$150.00$150.00
MI / mo$104.33$104.33$35.10
HOA / mo$255.00$255.00$255.00
Total monthly$1,255.22$1,628.47$1,725.25
Cash to close$69,267$19,500$19,500