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$144,619$144,619$319,500
Remaining term (yrs)27.227.230.0
Secondary amount$0$174,881$0
Funding fee$0$0$0
Note rate7.440%7.440%7.320%
Blended rate7.990%7.995%7.560%
1st payment$1,032.62$1,032.62$2,194.74
2nd payment$0.00$1,165.87$0.00
Taxes / mo$689.00$689.00$689.00
Insurance / mo$150.00$150.00$150.00
MI / mo$68.09$68.09$63.90
HOA / mo$0.00$0.00$0.00
Total monthly$1,939.71$3,105.58$3,097.64
Cash to close$210,381$35,500$35,500