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$149,441$149,441$350,955
Remaining term (yrs)19.119.130.0
Secondary amount$0$201,514$0
Funding fee$0$0$0
Note rate3.520%3.520%7.320%
Blended rate4.370%6.311%7.560%
1st payment$891.59$891.59$2,410.82
2nd payment$0.00$1,301.45$0.00
Taxes / mo$169.25$169.25$169.25
Insurance / mo$150.00$150.00$150.00
MI / mo$137.61$137.61$70.19
HOA / mo$45.00$45.00$45.00
Total monthly$1,393.45$2,694.89$2,845.26
Cash to close$240,509$38,995$38,995