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$131,735$131,735$314,910
Remaining term (yrs)15.315.330.0
Secondary amount$0$183,175$0
Funding fee$0$0$0
Note rate3.910%3.910%7.320%
Blended rate4.760%6.645%7.560%
1st payment$949.26$949.26$2,163.21
2nd payment$0.00$1,221.17$0.00
Taxes / mo$362.83$362.83$362.83
Insurance / mo$150.00$150.00$150.00
MI / mo$142.38$142.38$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,604.47$2,825.64$2,739.03
Cash to close$218,165$34,990$34,990