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$124,475$124,475$206,910
Remaining term (yrs)21.821.830.0
Secondary amount$0$82,435$0
Funding fee$0$0$0
Note rate4.570%4.570%7.320%
Blended rate5.420%6.846%7.560%
1st payment$750.06$750.06$1,421.33
2nd payment$0.00$618.26$0.00
Taxes / mo$178.67$178.67$178.67
Insurance / mo$150.00$150.00$150.00
MI / mo$104.00$104.00$41.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,182.73$1,800.99$1,791.38
Cash to close$105,425$22,990$22,990