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$232,516$232,516$287,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$55,394$0
Funding fee$0$0$0
Note rate3.690%3.690%7.320%
Blended rate4.540%5.398%7.560%
1st payment$1,169.10$1,169.10$1,977.74
2nd payment$0.00$415.45$0.00
Taxes / mo$571.58$571.58$571.58
Insurance / mo$150.00$150.00$150.00
MI / mo$180.13$180.13$57.58
HOA / mo$0.00$0.00$0.00
Total monthly$2,070.82$2,486.27$2,756.91
Cash to close$87,384$31,990$31,990