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$126,531$126,531$386,910
Remaining term (yrs)23.223.230.0
Secondary amount$0$260,379$0
Funding fee$0$0$0
Note rate3.680%3.680%7.400%
Blended rate4.530%6.697%7.640%
1st payment$673.99$673.99$2,678.89
2nd payment$0.00$1,681.61$0.00
Taxes / mo$131.75$131.75$131.75
Insurance / mo$150.00$150.00$150.00
MI / mo$103.98$103.98$77.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,059.72$2,741.33$3,038.02
Cash to close$303,369$42,990$42,990