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$178,454$178,454$242,999
Remaining term (yrs)25.425.430.0
Secondary amount$0$64,545$0
Funding fee$0$0$0
Note rate3.760%3.760%7.320%
Blended rate4.610%5.776%7.560%
1st payment$905.85$905.85$1,669.24
2nd payment$0.00$484.09$0.00
Taxes / mo$131.92$131.92$131.92
Insurance / mo$150.00$150.00$150.00
MI / mo$138.38$138.38$48.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,326.15$1,810.24$1,999.75
Cash to close$91,545$27,000$27,000