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$191,860$191,860$719,100
Remaining term (yrs)13.913.930.0
Secondary amount$0$527,240$0
Funding fee$0$0$0
Note rate5.000%5.000%7.320%
Blended rate5.850%7.243%7.560%
1st payment$1,583.77$1,583.77$4,939.72
2nd payment$0.00$3,405.09$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$208.98$208.98$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,675.25$6,080.34$5,966.04
Cash to close$607,140$79,900$79,900