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$150,681$150,681$252,000
Remaining term (yrs)17.317.330.0
Secondary amount$0$101,319$0
Funding fee$0$0$0
Note rate4.420%4.420%7.400%
Blended rate5.270%6.368%7.640%
1st payment$1,034.99$1,034.99$1,744.80
2nd payment$0.00$675.46$0.00
Taxes / mo$140.42$140.42$140.42
Insurance / mo$150.00$150.00$150.00
MI / mo$146.06$146.06$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,471.46$2,146.92$2,085.61
Cash to close$129,319$28,000$28,000