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$208,883$208,883$227,250
Remaining term (yrs)25.625.630.0
Secondary amount$0$30,992$0
Funding fee$0$0$0
Note rate5.270%5.270%7.320%
Blended rate6.120%6.864%7.560%
1st payment$1,236.63$1,236.63$1,561.05
2nd payment$0.00$306.70$0.00
Taxes / mo$163.83$163.83$163.83
Insurance / mo$150.00$150.00$150.00
MI / mo$158.27$158.27$45.45
HOA / mo$0.00$0.00$0.00
Total monthly$1,708.74$2,015.43$1,920.33
Cash to close$43,617$12,625$25,250