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$13,667$13,667$215,991
Remaining term (yrs)26.726.730.0
Secondary amount$0$202,324$0
Funding fee$0$0$0
Note rate5.660%5.660%7.400%
Blended rate6.210%7.653%7.640%
1st payment$82.62$82.62$1,495.48
2nd payment$0.00$1,306.68$0.00
Taxes / mo$419.67$419.67$419.67
Insurance / mo$150.00$150.00$150.00
MI / mo$6.55$6.55$43.20
HOA / mo$16.67$16.67$16.67
Total monthly$675.51$1,982.18$2,125.01
Cash to close$226,323$23,999$23,999