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$107,481$107,481$267,210
Remaining term (yrs)13.913.930.0
Secondary amount$0$159,729$0
Funding fee$0$0$0
Note rate4.440%4.440%7.320%
Blended rate5.290%6.910%7.560%
1st payment$856.55$856.55$1,835.55
2nd payment$0.00$1,064.86$0.00
Taxes / mo$471.42$471.42$471.42
Insurance / mo$150.00$150.00$150.00
MI / mo$120.59$120.59$53.44
HOA / mo$15.83$15.83$15.83
Total monthly$1,614.39$2,679.25$2,526.24
Cash to close$189,419$29,690$29,690