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$242,114$242,114$854,100
Remaining term (yrs)15.115.130.0
Secondary amount$0$611,986$0
Funding fee$0$0$0
Note rate4.070%4.070%7.400%
Blended rate4.920%6.948%7.640%
1st payment$1,777.99$1,777.99$5,913.62
2nd payment$0.00$3,952.41$0.00
Taxes / mo$790.83$790.83$790.83
Insurance / mo$216.67$216.67$216.67
MI / mo$261.58$261.58$170.82
HOA / mo$555.00$555.00$555.00
Total monthly$3,602.07$7,554.48$7,646.94
Cash to close$706,886$94,900$94,900