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$190,176$190,176$269,910
Remaining term (yrs)23.623.630.0
Secondary amount$0$79,734$0
Funding fee$0$0$0
Note rate3.310%3.310%7.320%
Blended rate4.160%5.590%7.560%
1st payment$964.46$964.46$1,854.09
2nd payment$0.00$598.00$0.00
Taxes / mo$128.50$128.50$128.50
Insurance / mo$150.00$150.00$150.00
MI / mo$155.79$155.79$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,398.75$1,996.76$2,186.58
Cash to close$109,724$29,990$29,990