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$82,766$82,766$220,455
Remaining term (yrs)18.118.130.0
Secondary amount$0$137,689$0
Funding fee$0$0$0
Note rate4.160%4.160%7.320%
Blended rate5.010%6.877%7.560%
1st payment$539.99$539.99$1,514.37
2nd payment$0.00$917.93$0.00
Taxes / mo$497.00$497.00$497.00
Insurance / mo$150.00$150.00$150.00
MI / mo$78.59$78.59$44.09
HOA / mo$0.00$0.00$0.00
Total monthly$1,265.58$2,183.51$2,205.46
Cash to close$162,184$24,495$24,495