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$127,392$127,392$404,999
Remaining term (yrs)17.917.930.0
Secondary amount$0$277,607$0
Funding fee$0$0$0
Note rate4.160%4.160%7.400%
Blended rate5.010%6.888%7.640%
1st payment$836.27$836.27$2,804.13
2nd payment$0.00$1,792.88$0.00
Taxes / mo$136.75$136.75$136.75
Insurance / mo$150.00$150.00$150.00
MI / mo$121.71$121.71$81.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,244.73$3,037.61$3,171.88
Cash to close$322,607$45,000$45,000