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$182,278$182,278$292,410
Remaining term (yrs)22.122.130.0
Secondary amount$0$110,132$0
Funding fee$0$0$0
Note rate4.800%4.800%7.400%
Blended rate5.650%6.535%7.640%
1st payment$1,112.18$1,112.18$2,024.59
2nd payment$0.00$734.22$0.00
Taxes / mo$639.92$639.92$639.92
Insurance / mo$150.00$150.00$150.00
MI / mo$150.15$150.15$58.48
HOA / mo$8.33$8.33$8.33
Total monthly$2,060.57$2,794.79$2,881.32
Cash to close$142,622$32,490$32,490