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$124,399$124,399$251,910
Remaining term (yrs)20.320.330.0
Secondary amount$0$127,511$0
Funding fee$0$0$0
Note rate4.150%4.150%7.320%
Blended rate5.000%6.519%7.560%
1st payment$751.75$751.75$1,730.45
2nd payment$0.00$850.07$0.00
Taxes / mo$379.33$379.33$379.33
Insurance / mo$150.00$150.00$150.00
MI / mo$109.54$109.54$50.38
HOA / mo$44.33$44.33$44.33
Total monthly$1,434.96$2,285.03$2,354.49
Cash to close$155,501$27,990$27,990