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$180,343$180,343$472,410
Remaining term (yrs)19.219.230.0
Secondary amount$0$292,067$0
Funding fee$0$0$0
Note rate3.930%3.930%7.320%
Blended rate4.780%6.616%7.560%
1st payment$1,110.91$1,110.91$3,245.13
2nd payment$0.00$1,886.27$0.00
Taxes / mo$487.58$487.58$487.58
Insurance / mo$166.67$166.67$166.67
MI / mo$166.23$166.23$94.48
HOA / mo$115.67$115.67$115.67
Total monthly$2,047.05$3,933.32$4,109.53
Cash to close$344,557$52,490$52,490