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$210,235$210,235$287,999
Remaining term (yrs)22.722.730.0
Secondary amount$0$77,764$0
Funding fee$0$0$0
Note rate4.070%4.070%7.400%
Blended rate4.920%6.022%7.640%
1st payment$1,179.46$1,179.46$1,994.05
2nd payment$0.00$583.23$0.00
Taxes / mo$131.58$131.58$131.58
Insurance / mo$150.00$150.00$150.00
MI / mo$173.52$173.52$57.60
HOA / mo$48.00$48.00$48.00
Total monthly$1,682.56$2,265.80$2,381.23
Cash to close$109,764$32,000$32,000