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$107,569$107,569$445,500
Remaining term (yrs)12.612.630.0
Secondary amount$0$337,931$0
Funding fee$0$0$0
Note rate4.870%4.870%7.400%
Blended rate5.720%7.260%7.640%
1st payment$945.17$945.17$3,084.55
2nd payment$0.00$2,182.47$0.00
Taxes / mo$41.08$41.08$41.08
Insurance / mo$166.67$166.67$166.67
MI / mo$126.58$126.58$89.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,279.50$3,461.97$3,381.40
Cash to close$387,431$49,500$49,500