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$158,672$158,672$220,410
Remaining term (yrs)21.521.530.0
Secondary amount$0$61,738$0
Funding fee$0$0$0
Note rate4.450%4.450%7.400%
Blended rate5.300%6.336%7.640%
1st payment$952.09$952.09$1,526.07
2nd payment$0.00$463.04$0.00
Taxes / mo$205.57$205.57$205.57
Insurance / mo$150.00$150.00$150.00
MI / mo$133.88$133.88$44.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,441.54$1,904.57$1,925.72
Cash to close$86,228$24,490$24,490