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$100,181$100,181$224,999
Remaining term (yrs)18.618.630.0
Secondary amount$0$124,818$0
Funding fee$0$0$0
Note rate3.950%3.950%7.400%
Blended rate4.800%6.575%7.640%
1st payment$631.00$631.00$1,557.85
2nd payment$0.00$832.12$0.00
Taxes / mo$174.08$174.08$174.08
Insurance / mo$150.00$150.00$150.00
MI / mo$94.19$94.19$45.00
HOA / mo$36.25$36.25$36.25
Total monthly$1,085.52$1,917.64$1,963.18
Cash to close$149,818$25,000$25,000