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$154,365$154,365$315,000
Remaining term (yrs)16.316.330.0
Secondary amount$0$160,635$0
Funding fee$0$0$0
Note rate3.340%3.340%7.320%
Blended rate4.190%6.133%7.560%
1st payment$1,019.00$1,019.00$2,163.83
2nd payment$0.00$1,070.90$0.00
Taxes / mo$192.25$192.25$192.25
Insurance / mo$150.00$150.00$150.00
MI / mo$163.98$163.98$63.00
HOA / mo$39.00$39.00$39.00
Total monthly$1,564.23$2,635.13$2,608.08
Cash to close$195,635$35,000$35,000