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$80,273$80,273$382,500
Remaining term (yrs)14.914.930.0
Secondary amount$0$302,227$0
Funding fee$0$0$0
Note rate4.320%4.320%7.320%
Blended rate5.170%7.209%7.560%
1st payment$604.34$604.34$2,627.51
2nd payment$0.00$1,951.88$0.00
Taxes / mo$359.88$359.88$359.88
Insurance / mo$150.00$150.00$150.00
MI / mo$86.30$86.30$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,200.51$3,152.40$3,213.89
Cash to close$344,727$42,500$42,500