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$166,971$166,971$224,910
Remaining term (yrs)21.621.630.0
Secondary amount$0$57,939$0
Funding fee$0$0$0
Note rate4.470%4.470%7.320%
Blended rate5.320%6.268%7.560%
1st payment$1,001.43$1,001.43$1,544.98
2nd payment$0.00$434.55$0.00
Taxes / mo$278.67$278.67$278.67
Insurance / mo$150.00$150.00$150.00
MI / mo$140.49$140.49$44.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,570.59$2,005.14$2,018.62
Cash to close$82,929$24,990$24,990