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$168,077$168,077$377,910
Remaining term (yrs)20.420.430.0
Secondary amount$0$209,833$0
Funding fee$0$0$0
Note rate4.170%4.170%7.320%
Blended rate5.020%6.536%7.560%
1st payment$1,014.89$1,014.89$2,595.98
2nd payment$0.00$1,355.17$0.00
Taxes / mo$311.00$311.00$311.00
Insurance / mo$150.00$150.00$150.00
MI / mo$147.53$147.53$75.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,623.42$2,978.60$3,132.56
Cash to close$251,823$41,990$41,990