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$205,609$205,609$378,899
Remaining term (yrs)22.822.830.0
Secondary amount$0$173,290$0
Funding fee$0$0$0
Note rate3.820%3.820%7.320%
Blended rate4.670%6.193%7.560%
1st payment$1,123.19$1,123.19$2,602.77
2nd payment$0.00$1,155.27$0.00
Taxes / mo$350.83$350.83$350.83
Insurance / mo$150.00$150.00$150.00
MI / mo$170.33$170.33$75.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,794.35$2,949.62$3,179.39
Cash to close$215,390$42,100$42,100