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$151,679$151,679$314,910
Remaining term (yrs)21.021.030.0
Secondary amount$0$163,231$0
Funding fee$0$0$0
Note rate3.830%3.830%7.320%
Blended rate4.680%6.401%7.560%
1st payment$872.47$872.47$2,163.21
2nd payment$0.00$1,088.21$0.00
Taxes / mo$121.75$121.75$121.75
Insurance / mo$150.00$150.00$150.00
MI / mo$132.15$132.15$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,276.37$2,364.57$2,497.95
Cash to close$198,221$34,990$34,990