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$212,119$212,119$292,410
Remaining term (yrs)27.527.530.0
Secondary amount$0$80,291$0
Funding fee$0$0$0
Note rate6.790%6.790%7.400%
Blended rate7.340%7.796%7.640%
1st payment$1,418.08$1,418.08$2,024.59
2nd payment$0.00$602.19$0.00
Taxes / mo$73.35$73.35$73.35
Insurance / mo$150.00$150.00$150.00
MI / mo$99.80$99.80$58.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,741.23$2,343.41$2,306.41
Cash to close$112,781$32,490$32,490