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$210,110$210,110$332,999
Remaining term (yrs)22.422.430.0
Secondary amount$0$122,889$0
Funding fee$0$0$0
Note rate4.410%4.410%7.320%
Blended rate5.260%6.271%7.560%
1st payment$1,225.75$1,225.75$2,287.47
2nd payment$0.00$819.26$0.00
Taxes / mo$95.42$95.42$95.42
Insurance / mo$150.00$150.00$150.00
MI / mo$173.18$173.18$66.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,644.35$2,463.61$2,599.49
Cash to close$159,889$37,000$37,000