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$146,209$146,209$404,991
Remaining term (yrs)14.914.930.0
Secondary amount$0$258,782$0
Funding fee$0$0$0
Note rate4.250%4.250%7.320%
Blended rate5.100%6.793%7.560%
1st payment$1,095.55$1,095.55$2,782.01
2nd payment$0.00$1,671.30$0.00
Taxes / mo$445.17$445.17$445.17
Insurance / mo$150.00$150.00$150.00
MI / mo$157.75$157.75$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,848.46$3,519.77$3,458.17
Cash to close$303,781$44,999$44,999