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$134,301$134,301$220,500
Remaining term (yrs)19.319.330.0
Secondary amount$0$86,199$0
Funding fee$0$0$0
Note rate3.750%3.750%7.320%
Blended rate4.600%6.320%7.560%
1st payment$812.35$812.35$1,514.68
2nd payment$0.00$646.50$0.00
Taxes / mo$202.17$202.17$202.17
Insurance / mo$150.00$150.00$150.00
MI / mo$124.25$124.25$44.10
HOA / mo$488.00$488.00$488.00
Total monthly$1,776.76$2,423.26$2,398.95
Cash to close$110,699$24,500$24,500