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$10,487$10,487$269,100
Remaining term (yrs)26.226.230.0
Secondary amount$0$258,613$0
Funding fee$0$0$0
Note rate7.030%7.030%7.400%
Blended rate7.580%7.743%7.640%
1st payment$72.95$72.95$1,863.19
2nd payment$0.00$1,670.21$0.00
Taxes / mo$514.67$514.67$514.67
Insurance / mo$150.00$150.00$150.00
MI / mo$4.96$4.96$53.82
HOA / mo$200.00$200.00$200.00
Total monthly$942.58$2,612.79$2,781.68
Cash to close$288,513$29,900$29,900