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$128,807$128,807$305,910
Remaining term (yrs)20.720.730.0
Secondary amount$0$177,103$0
Funding fee$0$0$0
Note rate3.990%3.990%7.320%
Blended rate4.840%6.669%7.560%
1st payment$759.51$759.51$2,101.39
2nd payment$0.00$1,180.69$0.00
Taxes / mo$148.92$148.92$148.92
Insurance / mo$150.00$150.00$150.00
MI / mo$108.76$108.76$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,167.19$2,347.87$2,461.49
Cash to close$211,093$33,990$33,990