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$179,202$179,202$377,910
Remaining term (yrs)19.619.630.0
Secondary amount$0$198,708$0
Funding fee$0$0$0
Note rate3.590%3.590%7.400%
Blended rate4.440%6.312%7.640%
1st payment$1,056.68$1,056.68$2,616.57
2nd payment$0.00$1,324.72$0.00
Taxes / mo$361.33$361.33$361.33
Insurance / mo$150.00$150.00$150.00
MI / mo$164.83$164.83$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,732.85$3,057.57$3,203.49
Cash to close$240,698$41,990$41,990