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$267,841$267,841$521,100
Remaining term (yrs)21.821.830.0
Secondary amount$0$253,259$0
Funding fee$0$0$0
Note rate4.570%4.570%7.400%
Blended rate5.420%6.552%7.640%
1st payment$1,613.95$1,613.95$3,607.99
2nd payment$0.00$1,635.63$0.00
Taxes / mo$311.83$311.83$311.83
Insurance / mo$166.67$166.67$166.67
MI / mo$223.79$223.79$104.22
HOA / mo$0.00$0.00$0.00
Total monthly$2,316.24$3,951.87$4,190.71
Cash to close$311,159$57,900$57,900