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$178,247$178,247$341,999
Remaining term (yrs)20.620.630.0
Secondary amount$0$163,752$0
Funding fee$0$0$0
Note rate4.080%4.080%7.320%
Blended rate4.930%6.400%7.560%
1st payment$1,062.27$1,062.27$2,349.30
2nd payment$0.00$1,091.68$0.00
Taxes / mo$510.00$510.00$510.00
Insurance / mo$150.00$150.00$150.00
MI / mo$156.10$156.10$68.40
HOA / mo$180.00$180.00$180.00
Total monthly$2,058.37$3,150.05$3,257.70
Cash to close$201,752$38,000$38,000