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$127,624$127,624$224,910
Remaining term (yrs)19.319.330.0
Secondary amount$0$97,286$0
Funding fee$0$0$0
Note rate3.810%3.810%7.320%
Blended rate4.660%6.537%7.560%
1st payment$773.69$773.69$1,544.98
2nd payment$0.00$729.65$0.00
Taxes / mo$311.25$311.25$311.25
Insurance / mo$150.00$150.00$150.00
MI / mo$117.47$117.47$44.98
HOA / mo$110.00$110.00$110.00
Total monthly$1,462.41$2,192.06$2,161.21
Cash to close$122,276$24,990$24,990