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$219,810$219,810$305,910
Remaining term (yrs)23.123.130.0
Secondary amount$0$86,100$0
Funding fee$0$0$0
Note rate3.730%3.730%7.400%
Blended rate4.580%5.824%7.640%
1st payment$1,179.39$1,179.39$2,118.06
2nd payment$0.00$645.75$0.00
Taxes / mo$348.50$348.50$348.50
Insurance / mo$150.00$150.00$150.00
MI / mo$180.83$180.83$61.18
HOA / mo$360.00$360.00$360.00
Total monthly$2,218.72$2,864.47$3,037.74
Cash to close$120,090$33,990$33,990