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$138,159$138,159$179,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$41,751$0
Funding fee$0$0$0
Note rate3.560%3.560%7.320%
Blended rate4.410%5.475%7.560%
1st payment$687.65$687.65$1,235.86
2nd payment$0.00$313.13$0.00
Taxes / mo$92.33$92.33$92.33
Insurance / mo$150.00$150.00$150.00
MI / mo$107.67$107.67$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,037.65$1,350.78$1,514.17
Cash to close$61,741$19,990$19,990