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$157,858$157,858$584,100
Remaining term (yrs)15.315.330.0
Secondary amount$0$426,242$0
Funding fee$0$0$0
Note rate3.960%3.960%7.400%
Blended rate4.810%6.955%7.640%
1st payment$1,141.46$1,141.46$4,044.19
2nd payment$0.00$2,752.81$0.00
Taxes / mo$320.67$320.67$320.67
Insurance / mo$166.67$166.67$166.67
MI / mo$170.18$170.18$116.82
HOA / mo$66.00$66.00$66.00
Total monthly$1,864.97$4,617.78$4,714.34
Cash to close$491,142$64,900$64,900