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$127,351$127,351$359,100
Remaining term (yrs)18.418.430.0
Secondary amount$0$231,749$0
Funding fee$0$0$0
Note rate3.690%3.690%7.400%
Blended rate4.540%6.612%7.640%
1st payment$789.93$789.93$2,486.34
2nd payment$0.00$1,496.71$0.00
Taxes / mo$207.75$207.75$207.75
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$71.82
HOA / mo$33.00$33.00$33.00
Total monthly$1,302.40$2,799.11$2,948.91
Cash to close$271,649$39,900$39,900