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$111,513$111,513$220,410
Remaining term (yrs)22.422.430.0
Secondary amount$0$108,897$0
Funding fee$0$0$0
Note rate4.460%4.460%7.320%
Blended rate5.310%6.639%7.560%
1st payment$653.63$653.63$1,514.06
2nd payment$0.00$725.98$0.00
Taxes / mo$238.00$238.00$238.00
Insurance / mo$150.00$150.00$150.00
MI / mo$91.81$91.81$44.08
HOA / mo$0.00$0.00$0.00
Total monthly$1,133.44$1,859.42$1,946.15
Cash to close$133,387$24,490$24,490