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$233,075$233,075$305,910
Remaining term (yrs)25.125.130.0
Secondary amount$0$72,835$0
Funding fee$0$0$0
Note rate3.070%3.070%7.320%
Blended rate3.920%5.130%7.560%
1st payment$1,106.44$1,106.44$2,101.39
2nd payment$0.00$546.26$0.00
Taxes / mo$362.33$362.33$362.33
Insurance / mo$150.00$150.00$150.00
MI / mo$184.24$184.24$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,803.01$2,349.27$2,674.90
Cash to close$106,825$33,990$33,990