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$162,856$162,856$292,410
Remaining term (yrs)19.119.130.0
Secondary amount$0$129,554$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%6.112%7.560%
1st payment$991.72$991.72$2,008.65
2nd payment$0.00$863.69$0.00
Taxes / mo$258.33$258.33$258.33
Insurance / mo$150.00$150.00$150.00
MI / mo$151.50$151.50$58.48
HOA / mo$228.00$228.00$228.00
Total monthly$1,779.55$2,643.24$2,703.47
Cash to close$162,044$32,490$32,490