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$157,352$157,352$517,410
Remaining term (yrs)17.917.930.0
Secondary amount$0$360,058$0
Funding fee$0$0$0
Note rate4.150%4.150%7.400%
Blended rate5.000%6.914%7.640%
1st payment$1,032.12$1,032.12$3,582.44
2nd payment$0.00$2,325.38$0.00
Taxes / mo$344.58$344.58$344.58
Insurance / mo$166.67$166.67$166.67
MI / mo$150.40$150.40$103.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,693.77$4,019.15$4,197.17
Cash to close$417,548$57,490$57,490