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$266,081$266,081$368,820
Remaining term (yrs)23.223.230.0
Secondary amount$0$102,739$0
Funding fee$0$0$0
Note rate3.660%3.660%7.320%
Blended rate4.510%5.482%7.560%
1st payment$1,414.49$1,414.49$2,533.54
2nd payment$0.00$684.93$0.00
Taxes / mo$365.83$365.83$365.83
Insurance / mo$150.00$150.00$150.00
MI / mo$218.75$218.75$73.76
HOA / mo$83.00$83.00$83.00
Total monthly$2,232.08$2,917.00$3,206.13
Cash to close$143,719$40,980$40,980