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$153,353$153,353$215,910
Remaining term (yrs)21.621.630.0
Secondary amount$0$62,557$0
Funding fee$0$0$0
Note rate4.580%4.580%7.320%
Blended rate5.430%6.464%7.560%
1st payment$929.04$929.04$1,483.15
2nd payment$0.00$469.18$0.00
Taxes / mo$412.31$412.31$412.31
Insurance / mo$150.00$150.00$150.00
MI / mo$128.67$128.67$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,620.02$2,089.20$2,088.65
Cash to close$86,547$23,990$23,990