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$191,885$191,885$292,500
Remaining term (yrs)22.422.430.0
Secondary amount$0$100,615$0
Funding fee$0$0$0
Note rate4.300%4.300%7.320%
Blended rate5.150%6.130%7.560%
1st payment$1,107.82$1,107.82$2,009.27
2nd payment$0.00$670.76$0.00
Taxes / mo$561.58$561.58$561.58
Insurance / mo$150.00$150.00$150.00
MI / mo$158.57$158.57$58.50
HOA / mo$90.33$90.33$90.33
Total monthly$2,068.30$2,739.06$2,869.69
Cash to close$133,115$32,500$32,500