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$19,619$19,619$193,410
Remaining term (yrs)7.87.830.0
Secondary amount$0$173,791$0
Funding fee$0$0$0
Note rate6.320%6.320%7.320%
Blended rate7.170%7.916%7.560%
1st payment$263.00$263.00$1,328.59
2nd payment$0.00$1,158.61$0.00
Taxes / mo$267.00$267.00$267.00
Insurance / mo$150.00$150.00$150.00
MI / mo$30.03$30.03$38.68
HOA / mo$410.00$410.00$410.00
Total monthly$1,120.03$2,278.64$2,194.27
Cash to close$195,281$21,490$21,490