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$183,137$183,137$325,800
Remaining term (yrs)20.320.330.0
Secondary amount$0$142,663$0
Funding fee$0$0$0
Note rate4.190%4.190%7.320%
Blended rate5.040%6.336%7.560%
1st payment$1,110.62$1,110.62$2,238.02
2nd payment$0.00$951.09$0.00
Taxes / mo$311.08$311.08$311.08
Insurance / mo$150.00$150.00$150.00
MI / mo$161.06$161.06$65.16
HOA / mo$175.00$175.00$175.00
Total monthly$1,907.77$2,858.86$2,939.26
Cash to close$178,863$36,200$36,200