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$165,759$165,759$292,500
Remaining term (yrs)25.425.430.0
Secondary amount$0$126,741$0
Funding fee$0$0$0
Note rate4.720%4.720%7.400%
Blended rate5.570%6.623%7.640%
1st payment$930.93$930.93$2,025.21
2nd payment$0.00$844.94$0.00
Taxes / mo$127.58$127.58$127.58
Insurance / mo$150.00$150.00$150.00
MI / mo$126.85$126.85$58.50
HOA / mo$67.00$67.00$67.00
Total monthly$1,402.36$2,247.30$2,428.29
Cash to close$159,241$32,500$32,500