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$213,896$213,896$332,100
Remaining term (yrs)21.421.430.0
Secondary amount$0$118,204$0
Funding fee$0$0$0
Note rate4.320%4.320%7.320%
Blended rate5.170%6.177%7.560%
1st payment$1,271.23$1,271.23$2,281.30
2nd payment$0.00$788.03$0.00
Taxes / mo$466.58$466.58$466.58
Insurance / mo$150.00$150.00$150.00
MI / mo$181.53$181.53$66.42
HOA / mo$0.00$0.00$0.00
Total monthly$2,069.34$2,857.37$2,964.30
Cash to close$155,104$36,900$36,900