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$137,719$137,719$350,910
Remaining term (yrs)19.419.430.0
Secondary amount$0$213,191$0
Funding fee$0$0$0
Note rate3.620%3.620%7.320%
Blended rate4.470%6.463%7.560%
1st payment$818.95$818.95$2,410.51
2nd payment$0.00$1,376.86$0.00
Taxes / mo$456.75$456.75$456.75
Insurance / mo$150.00$150.00$150.00
MI / mo$127.28$127.28$70.18
HOA / mo$65.17$65.17$65.17
Total monthly$1,618.15$2,995.01$3,152.61
Cash to close$252,181$38,990$38,990