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$94,961$94,961$395,910
Remaining term (yrs)13.913.930.0
Secondary amount$0$300,949$0
Funding fee$0$0$0
Note rate4.560%4.560%7.400%
Blended rate5.410%7.189%7.640%
1st payment$765.78$765.78$2,741.20
2nd payment$0.00$1,943.63$0.00
Taxes / mo$274.83$274.83$274.83
Insurance / mo$150.00$150.00$150.00
MI / mo$106.30$106.30$79.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,296.92$3,240.54$3,245.22
Cash to close$344,939$43,990$43,990