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$108,058$108,058$333,000
Remaining term (yrs)38.938.930.0
Secondary amount$0$224,942$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.578%7.640%
1st payment$649.12$649.12$2,305.62
2nd payment$0.00$1,452.75$0.00
Taxes / mo$499.53$499.53$499.53
Insurance / mo$150.00$150.00$150.00
MI / mo$49.78$49.78$66.60
HOA / mo$181.67$181.67$181.67
Total monthly$1,530.10$2,982.85$3,203.42
Cash to close$261,942$37,000$37,000