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$67,968$67,968$269,910
Remaining term (yrs)13.313.330.0
Secondary amount$0$201,942$0
Funding fee$0$0$0
Note rate5.000%5.000%7.320%
Blended rate5.850%7.272%7.560%
1st payment$580.33$580.33$1,854.09
2nd payment$0.00$1,304.21$0.00
Taxes / mo$361.08$361.08$361.08
Insurance / mo$150.00$150.00$150.00
MI / mo$76.57$76.57$53.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,167.98$2,472.19$2,419.16
Cash to close$231,932$29,990$29,990