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$154,172$154,172$562,500
Remaining term (yrs)14.714.730.0
Secondary amount$0$408,328$0
Funding fee$0$0$0
Note rate4.640%4.640%7.400%
Blended rate5.490%7.131%7.640%
1st payment$1,199.73$1,199.73$3,894.64
2nd payment$0.00$2,637.12$0.00
Taxes / mo$326.00$326.00$326.00
Insurance / mo$166.67$166.67$166.67
MI / mo$165.00$165.00$112.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,857.40$4,494.52$4,499.80
Cash to close$470,828$62,500$62,500