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$152,698$152,698$421,200
Remaining term (yrs)21.621.630.0
Secondary amount$0$268,502$0
Funding fee$0$0$0
Note rate4.420%4.420%7.400%
Blended rate5.270%6.851%7.640%
1st payment$911.64$911.64$2,916.30
2nd payment$0.00$1,734.08$0.00
Taxes / mo$163.08$163.08$163.08
Insurance / mo$166.67$166.67$166.67
MI / mo$128.65$128.65$84.24
HOA / mo$0.00$0.00$0.00
Total monthly$1,370.04$3,104.12$3,330.29
Cash to close$315,302$46,800$46,800