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$169,871$169,871$404,910
Remaining term (yrs)22.022.030.0
Secondary amount$0$235,039$0
Funding fee$0$0$0
Note rate4.720%4.720%7.400%
Blended rate5.570%6.835%7.640%
1st payment$1,031.06$1,031.06$2,803.52
2nd payment$0.00$1,517.96$0.00
Taxes / mo$236.75$236.75$236.75
Insurance / mo$150.00$150.00$150.00
MI / mo$140.49$140.49$80.98
HOA / mo$0.00$0.00$0.00
Total monthly$1,558.30$3,076.26$3,271.25
Cash to close$280,029$44,990$44,990