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$207,128$207,128$287,099
Remaining term (yrs)22.422.430.0
Secondary amount$0$79,971$0
Funding fee$0$0$0
Note rate4.300%4.300%7.320%
Blended rate5.150%6.222%7.560%
1st payment$1,195.82$1,195.82$1,972.17
2nd payment$0.00$599.79$0.00
Taxes / mo$574.33$574.33$574.33
Insurance / mo$150.00$150.00$150.00
MI / mo$171.16$171.16$57.42
HOA / mo$10.42$10.42$10.42
Total monthly$2,101.73$2,701.52$2,764.34
Cash to close$111,871$31,900$31,900