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$212,425$212,425$269,910
Remaining term (yrs)23.223.230.0
Secondary amount$0$57,485$0
Funding fee$0$0$0
Note rate3.680%3.680%7.320%
Blended rate4.530%5.482%7.560%
1st payment$1,131.53$1,131.53$1,854.09
2nd payment$0.00$431.13$0.00
Taxes / mo$311.42$311.42$311.42
Insurance / mo$150.00$150.00$150.00
MI / mo$174.56$174.56$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,767.50$2,198.64$2,369.49
Cash to close$87,475$29,990$29,990