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$165,768$165,768$539,999
Remaining term (yrs)12.212.230.0
Secondary amount$0$374,231$0
Funding fee$0$0$0
Note rate5.950%5.950%7.320%
Blended rate6.800%7.458%7.560%
1st payment$1,583.50$1,583.50$3,709.42
2nd payment$0.00$2,416.91$0.00
Taxes / mo$584.08$584.08$584.08
Insurance / mo$166.67$166.67$166.67
MI / mo$188.09$188.09$108.00
HOA / mo$116.67$116.67$116.67
Total monthly$2,639.00$5,055.91$4,684.84
Cash to close$434,231$60,000$60,000