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$228,513$228,513$359,991
Remaining term (yrs)23.623.630.0
Secondary amount$0$131,478$0
Funding fee$0$0$0
Note rate3.310%3.310%7.400%
Blended rate4.160%5.562%7.640%
1st payment$1,158.88$1,158.88$2,492.50
2nd payment$0.00$876.52$0.00
Taxes / mo$673.83$673.83$673.83
Insurance / mo$150.00$150.00$150.00
MI / mo$187.20$187.20$72.00
HOA / mo$100.00$100.00$100.00
Total monthly$2,269.91$3,146.43$3,488.34
Cash to close$171,477$39,999$39,999