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$149,292$149,292$206,100
Remaining term (yrs)21.821.830.0
Secondary amount$0$56,808$0
Funding fee$0$0$0
Note rate4.540%4.540%7.320%
Blended rate5.390%6.385%7.560%
1st payment$897.13$897.13$1,415.76
2nd payment$0.00$426.06$0.00
Taxes / mo$199.33$199.33$199.33
Insurance / mo$150.00$150.00$150.00
MI / mo$124.83$124.83$41.22
HOA / mo$287.00$287.00$287.00
Total monthly$1,658.29$2,084.35$2,093.32
Cash to close$79,708$22,900$22,900