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$159,688$159,688$369,000
Remaining term (yrs)21.521.530.0
Secondary amount$0$209,312$0
Funding fee$0$0$0
Note rate4.440%4.440%7.320%
Blended rate5.290%6.685%7.560%
1st payment$957.31$957.31$2,534.77
2nd payment$0.00$1,351.81$0.00
Taxes / mo$454.33$454.33$454.33
Insurance / mo$150.00$150.00$150.00
MI / mo$134.78$134.78$73.80
HOA / mo$158.00$158.00$158.00
Total monthly$1,854.42$3,206.23$3,370.91
Cash to close$250,312$41,000$41,000