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$237,559$237,559$373,500
Remaining term (yrs)23.223.230.0
Secondary amount$0$135,941$0
Funding fee$0$0$0
Note rate3.750%3.750%7.400%
Blended rate4.600%5.837%7.640%
1st payment$1,274.31$1,274.31$2,586.04
2nd payment$0.00$906.27$0.00
Taxes / mo$271.25$271.25$271.25
Insurance / mo$150.00$150.00$150.00
MI / mo$194.91$194.91$74.70
HOA / mo$36.67$36.67$36.67
Total monthly$1,927.13$2,833.41$3,118.66
Cash to close$177,441$41,500$41,500