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$181,717$181,717$567,000
Remaining term (yrs)13.913.930.0
Secondary amount$0$385,283$0
Funding fee$0$0$0
Note rate4.570%4.570%7.400%
Blended rate5.420%7.003%7.640%
1st payment$1,466.31$1,466.31$3,925.79
2nd payment$0.00$2,488.29$0.00
Taxes / mo$404.17$404.17$404.17
Insurance / mo$166.67$166.67$166.67
MI / mo$203.31$203.31$113.40
HOA / mo$88.00$88.00$88.00
Total monthly$2,328.45$4,816.74$4,698.03
Cash to close$448,283$63,000$63,000