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$207,264$207,264$296,100
Remaining term (yrs)23.223.230.0
Secondary amount$0$88,836$0
Funding fee$0$0$0
Note rate3.750%3.750%7.400%
Blended rate4.600%5.920%7.640%
1st payment$1,111.80$1,111.80$2,050.14
2nd payment$0.00$666.27$0.00
Taxes / mo$261.58$261.58$261.58
Insurance / mo$150.00$150.00$150.00
MI / mo$170.05$170.05$59.22
HOA / mo$18.75$18.75$18.75
Total monthly$1,712.18$2,378.45$2,539.69
Cash to close$121,736$32,900$32,900