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$126,461$126,461$250,200
Remaining term (yrs)20.520.530.0
Secondary amount$0$123,739$0
Funding fee$0$0$0
Note rate4.210%4.210%7.400%
Blended rate5.060%6.514%7.640%
1st payment$764.37$764.37$1,732.33
2nd payment$0.00$824.93$0.00
Taxes / mo$376.50$376.50$376.50
Insurance / mo$150.00$150.00$150.00
MI / mo$110.59$110.59$50.04
HOA / mo$0.00$0.00$0.00
Total monthly$1,401.45$2,226.38$2,308.87
Cash to close$151,539$27,800$27,800