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$180,329$180,329$796,500
Remaining term (yrs)18.918.930.0
Secondary amount$0$616,171$0
Funding fee$0$0$0
Note rate4.050%4.050%7.400%
Blended rate4.900%7.105%7.640%
1st payment$1,131.85$1,131.85$5,514.81
2nd payment$0.00$3,979.44$0.00
Taxes / mo$276.23$276.23$276.23
Insurance / mo$216.67$216.67$216.67
MI / mo$166.92$166.92$159.30
HOA / mo$0.00$0.00$0.00
Total monthly$1,791.66$5,771.10$6,167.00
Cash to close$704,671$88,500$88,500