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$233,263$233,263$292,499
Remaining term (yrs)25.125.130.0
Secondary amount$0$59,236$0
Funding fee$0$0$0
Note rate3.140%3.140%7.400%
Blended rate3.990%5.005%7.640%
1st payment$1,115.90$1,115.90$2,025.20
2nd payment$0.00$444.27$0.00
Taxes / mo$270.83$270.83$270.83
Insurance / mo$150.00$150.00$150.00
MI / mo$184.17$184.17$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,720.90$2,165.17$2,504.54
Cash to close$91,736$32,500$32,500