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$150,276$150,276$260,910
Remaining term (yrs)23.923.930.0
Secondary amount$0$110,634$0
Funding fee$0$0$0
Note rate3.210%3.210%7.400%
Blended rate4.060%5.731%7.640%
1st payment$749.01$749.01$1,806.49
2nd payment$0.00$737.56$0.00
Taxes / mo$188.42$188.42$188.42
Insurance / mo$150.00$150.00$150.00
MI / mo$122.52$122.52$52.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,209.95$1,947.51$2,197.09
Cash to close$139,624$28,990$28,990