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$168,619$168,619$485,550
Remaining term (yrs)17.317.330.0
Secondary amount$0$316,931$0
Funding fee$0$0$0
Note rate4.420%4.420%7.400%
Blended rate5.270%6.889%7.640%
1st payment$1,158.20$1,158.20$3,361.85
2nd payment$0.00$2,046.85$0.00
Taxes / mo$449.58$449.58$449.58
Insurance / mo$166.67$166.67$166.67
MI / mo$163.44$163.44$97.11
HOA / mo$0.00$0.00$0.00
Total monthly$1,937.89$3,984.74$4,075.21
Cash to close$370,881$53,950$53,950