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$183,674$183,674$305,910
Remaining term (yrs)21.921.930.0
Secondary amount$0$122,236$0
Funding fee$0$0$0
Note rate4.600%4.600%7.400%
Blended rate5.450%6.469%7.640%
1st payment$1,107.39$1,107.39$2,118.06
2nd payment$0.00$814.91$0.00
Taxes / mo$435.00$435.00$435.00
Insurance / mo$150.00$150.00$150.00
MI / mo$153.01$153.01$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,845.40$2,660.31$2,764.24
Cash to close$156,226$33,990$33,990