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$231,744$231,744$319,410
Remaining term (yrs)23.423.430.0
Secondary amount$0$87,666$0
Funding fee$0$0$0
Note rate3.290%3.290%7.400%
Blended rate4.140%5.474%7.640%
1st payment$1,181.08$1,181.08$2,211.53
2nd payment$0.00$657.49$0.00
Taxes / mo$191.08$191.08$191.08
Insurance / mo$150.00$150.00$150.00
MI / mo$191.26$191.26$63.88
HOA / mo$195.00$195.00$195.00
Total monthly$1,908.42$2,565.92$2,811.50
Cash to close$123,156$35,490$35,490