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$178,647$178,647$323,100
Remaining term (yrs)25.125.130.0
Secondary amount$0$144,453$0
Funding fee$0$0$0
Note rate3.050%3.050%7.320%
Blended rate3.900%5.733%7.560%
1st payment$846.19$846.19$2,219.47
2nd payment$0.00$963.02$0.00
Taxes / mo$145.67$145.67$145.67
Insurance / mo$150.00$150.00$150.00
MI / mo$141.26$141.26$64.62
HOA / mo$0.00$0.00$0.00
Total monthly$1,283.12$2,246.14$2,579.76
Cash to close$180,353$35,900$35,900