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$272,379$272,379$319,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$47,121$0
Funding fee$0$0$0
Note rate5.090%5.090%7.400%
Blended rate5.940%6.391%7.640%
1st payment$1,581.02$1,581.02$2,212.15
2nd payment$0.00$353.41$0.00
Taxes / mo$230.68$230.68$230.68
Insurance / mo$150.00$150.00$150.00
MI / mo$206.49$206.49$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$2,168.20$2,521.61$2,656.74
Cash to close$82,621$35,500$35,500