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$168,859$168,859$242,910
Remaining term (yrs)24.524.530.0
Secondary amount$0$74,051$0
Funding fee$0$0$0
Note rate3.050%3.050%7.400%
Blended rate3.900%5.455%7.640%
1st payment$812.41$812.41$1,681.86
2nd payment$0.00$555.38$0.00
Taxes / mo$280.25$280.25$280.25
Insurance / mo$150.00$150.00$150.00
MI / mo$135.62$135.62$48.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,378.28$1,933.67$2,160.69
Cash to close$101,041$26,990$26,990