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$76,953$76,953$405,000
Remaining term (yrs)21.821.830.0
Secondary amount$0$328,047$0
Funding fee$0$0$0
Note rate4.470%4.470%7.320%
Blended rate5.320%7.288%7.560%
1st payment$459.46$459.46$2,782.07
2nd payment$0.00$2,118.63$0.00
Taxes / mo$153.75$153.75$153.75
Insurance / mo$150.00$150.00$150.00
MI / mo$64.46$64.46$81.00
HOA / mo$875.00$875.00$875.00
Total monthly$1,702.67$3,821.31$4,041.82
Cash to close$373,047$45,000$45,000