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$269,066$269,066$377,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$108,034$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%5.581%7.640%
1st payment$1,365.81$1,365.81$2,610.96
2nd payment$0.00$720.23$0.00
Taxes / mo$225.42$225.42$225.42
Insurance / mo$150.00$150.00$150.00
MI / mo$208.64$208.64$75.42
HOA / mo$35.00$35.00$35.00
Total monthly$1,984.87$2,705.09$3,096.80
Cash to close$149,934$41,900$41,900