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$138,602$138,602$341,910
Remaining term (yrs)13.813.830.0
Secondary amount$0$203,308$0
Funding fee$0$0$0
Note rate4.790%4.790%7.400%
Blended rate5.640%6.895%7.640%
1st payment$1,138.69$1,138.69$2,367.32
2nd payment$0.00$1,313.03$0.00
Taxes / mo$478.75$478.75$478.75
Insurance / mo$150.00$150.00$150.00
MI / mo$153.91$153.91$68.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,921.34$3,234.37$3,064.45
Cash to close$241,298$37,990$37,990