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$164,756$164,756$215,910
Remaining term (yrs)22.122.130.0
Secondary amount$0$51,154$0
Funding fee$0$0$0
Note rate4.830%4.830%7.320%
Blended rate5.680%6.467%7.560%
1st payment$1,008.04$1,008.04$1,483.15
2nd payment$0.00$383.65$0.00
Taxes / mo$229.83$229.83$229.83
Insurance / mo$150.00$150.00$150.00
MI / mo$135.62$135.62$43.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,523.50$1,907.15$1,906.17
Cash to close$75,144$23,990$23,990