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$169,838$169,838$279,000
Remaining term (yrs)20.720.730.0
Secondary amount$0$109,162$0
Funding fee$0$0$0
Note rate4.050%4.050%7.320%
Blended rate4.900%6.113%7.560%
1st payment$1,006.87$1,006.87$1,916.54
2nd payment$0.00$727.75$0.00
Taxes / mo$576.58$576.58$576.58
Insurance / mo$150.00$150.00$150.00
MI / mo$148.49$148.49$55.80
HOA / mo$86.33$86.33$86.33
Total monthly$1,968.27$2,696.02$2,785.25
Cash to close$140,162$31,000$31,000