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$231,090$231,090$269,991
Remaining term (yrs)25.825.830.0
Secondary amount$0$38,901$0
Funding fee$0$0$0
Note rate5.780%5.780%7.400%
Blended rate6.630%6.971%7.640%
1st payment$1,435.10$1,435.10$1,869.36
2nd payment$0.00$291.76$0.00
Taxes / mo$249.99$249.99$249.99
Insurance / mo$150.00$150.00$150.00
MI / mo$173.62$173.62$54.00
HOA / mo$0.00$0.00$0.00
Total monthly$2,008.71$2,300.47$2,323.35
Cash to close$68,900$29,999$29,999