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$154,761$154,761$607,410
Remaining term (yrs)19.319.330.0
Secondary amount$0$452,649$0
Funding fee$0$0$0
Note rate3.970%3.970%7.400%
Blended rate4.820%7.003%7.640%
1st payment$953.82$953.82$4,205.58
2nd payment$0.00$2,923.36$0.00
Taxes / mo$213.08$213.08$213.08
Insurance / mo$166.67$166.67$166.67
MI / mo$142.03$142.03$121.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,475.61$4,398.96$4,706.82
Cash to close$520,139$67,490$67,490