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$177,307$177,307$310,500
Remaining term (yrs)20.320.330.0
Secondary amount$0$133,193$0
Funding fee$0$0$0
Note rate4.160%4.160%7.400%
Blended rate5.010%6.293%7.640%
1st payment$1,075.20$1,075.20$2,149.84
2nd payment$0.00$887.95$0.00
Taxes / mo$346.75$346.75$346.75
Insurance / mo$150.00$150.00$150.00
MI / mo$156.49$156.49$62.10
HOA / mo$372.00$372.00$372.00
Total monthly$2,100.44$2,988.40$3,080.69
Cash to close$167,693$34,500$34,500