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$189,687$189,687$211,410
Remaining term (yrs)25.825.830.0
Secondary amount$0$33,468$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%7.009%7.640%
1st payment$1,122.98$1,122.98$1,463.76
2nd payment$0.00$331.20$0.00
Taxes / mo$195.75$195.75$195.75
Insurance / mo$150.00$150.00$150.00
MI / mo$143.24$143.24$42.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,611.98$1,943.17$1,851.79
Cash to close$45,213$11,745$23,490