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$17,941$17,941$400,499
Remaining term (yrs)25.525.530.0
Secondary amount$0$382,558$0
Funding fee$0$0$0
Note rate4.670%4.670%7.320%
Blended rate5.520%7.650%7.560%
1st payment$100.07$100.07$2,751.15
2nd payment$0.00$2,470.69$0.00
Taxes / mo$210.58$210.58$210.58
Insurance / mo$150.00$150.00$150.00
MI / mo$13.72$13.72$80.10
HOA / mo$0.00$0.00$0.00
Total monthly$474.37$2,945.06$3,191.83
Cash to close$427,058$44,500$44,500