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$180,184$180,184$314,910
Remaining term (yrs)24.224.230.0
Secondary amount$0$134,726$0
Funding fee$0$0$0
Note rate2.720%2.720%7.400%
Blended rate3.570%5.465%7.640%
1st payment$844.32$844.32$2,180.37
2nd payment$0.00$898.17$0.00
Taxes / mo$69.58$69.58$69.58
Insurance / mo$150.00$150.00$150.00
MI / mo$147.07$147.07$62.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,210.97$2,109.14$2,462.94
Cash to close$169,716$34,990$34,990