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$213,877$213,877$337,499
Remaining term (yrs)21.421.430.0
Secondary amount$0$123,622$0
Funding fee$0$0$0
Note rate4.460%4.460%7.320%
Blended rate5.310%6.295%7.560%
1st payment$1,287.46$1,287.46$2,318.38
2nd payment$0.00$824.15$0.00
Taxes / mo$312.50$312.50$312.50
Insurance / mo$150.00$150.00$150.00
MI / mo$180.83$180.83$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,930.79$2,754.93$2,848.38
Cash to close$161,122$37,500$37,500