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$125,914$125,914$315,000
Remaining term (yrs)17.417.430.0
Secondary amount$0$189,086$0
Funding fee$0$0$0
Note rate4.410%4.410%7.400%
Blended rate5.260%6.905%7.640%
1st payment$861.47$861.47$2,181.00
2nd payment$0.00$1,260.57$0.00
Taxes / mo$610.83$610.83$610.83
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$63.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,744.02$3,004.59$3,004.83
Cash to close$224,086$35,000$35,000