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$147,753$147,753$166,410
Remaining term (yrs)25.925.930.0
Secondary amount$0$27,902$0
Funding fee$0$0$0
Note rate5.890%5.890%7.400%
Blended rate6.740%7.556%7.640%
1st payment$925.01$925.01$1,152.19
2nd payment$0.00$276.12$0.00
Taxes / mo$201.17$201.17$201.17
Insurance / mo$150.00$150.00$150.00
MI / mo$110.59$110.59$33.28
HOA / mo$0.00$0.00$0.00
Total monthly$1,386.76$1,662.87$1,536.64
Cash to close$37,147$9,245$18,490