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$128,672$128,672$517,500
Remaining term (yrs)14.814.830.0
Secondary amount$0$388,828$0
Funding fee$0$0$0
Note rate4.510%4.510%7.320%
Blended rate5.360%7.156%7.560%
1st payment$988.84$988.84$3,554.87
2nd payment$0.00$2,511.18$0.00
Taxes / mo$479.17$479.17$479.17
Insurance / mo$166.67$166.67$166.67
MI / mo$138.08$138.08$103.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,772.75$4,283.93$4,304.20
Cash to close$446,328$57,500$57,500