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$207,547$207,547$269,910
Remaining term (yrs)23.823.830.0
Secondary amount$0$62,363$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%5.040%7.560%
1st payment$1,014.22$1,014.22$1,854.09
2nd payment$0.00$467.73$0.00
Taxes / mo$368.75$368.75$368.75
Insurance / mo$150.00$150.00$150.00
MI / mo$170.40$170.40$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,703.37$2,171.09$2,426.83
Cash to close$92,353$29,990$29,990