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$184,656$184,656$287,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$103,254$0
Funding fee$0$0$0
Note rate3.090%3.090%7.320%
Blended rate3.940%5.396%7.560%
1st payment$876.62$876.62$1,977.74
2nd payment$0.00$688.36$0.00
Taxes / mo$177.33$177.33$177.33
Insurance / mo$150.00$150.00$150.00
MI / mo$145.60$145.60$57.58
HOA / mo$127.00$127.00$127.00
Total monthly$1,476.55$2,164.90$2,489.66
Cash to close$135,244$31,990$31,990