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$144,381$144,381$279,000
Remaining term (yrs)21.621.630.0
Secondary amount$0$134,619$0
Funding fee$0$0$0
Note rate4.420%4.420%7.400%
Blended rate5.270%6.587%7.640%
1st payment$861.99$861.99$1,931.74
2nd payment$0.00$897.46$0.00
Taxes / mo$249.00$249.00$249.00
Insurance / mo$150.00$150.00$150.00
MI / mo$121.64$121.64$55.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,382.63$2,280.09$2,386.54
Cash to close$165,619$31,000$31,000