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$139,711$139,711$387,000
Remaining term (yrs)17.917.930.0
Secondary amount$0$247,289$0
Funding fee$0$0$0
Note rate4.150%4.150%7.320%
Blended rate5.000%6.757%7.560%
1st payment$916.41$916.41$2,658.42
2nd payment$0.00$1,597.07$0.00
Taxes / mo$358.33$358.33$358.33
Insurance / mo$150.00$150.00$150.00
MI / mo$133.54$133.54$77.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,558.28$3,155.36$3,244.15
Cash to close$290,289$43,000$43,000