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$206,944$206,944$269,100
Remaining term (yrs)25.825.830.0
Secondary amount$0$62,156$0
Funding fee$0$0$0
Note rate5.230%5.230%7.320%
Blended rate6.080%6.754%7.560%
1st payment$1,216.52$1,216.52$1,848.53
2nd payment$0.00$466.17$0.00
Taxes / mo$162.17$162.17$162.17
Insurance / mo$150.00$150.00$150.00
MI / mo$156.40$156.40$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,685.08$2,151.25$2,214.52
Cash to close$92,056$29,900$29,900