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$52,605$52,605$251,910
Remaining term (yrs)17.317.330.0
Secondary amount$0$199,305$0
Funding fee$0$0$0
Note rate4.460%4.460%7.400%
Blended rate5.310%7.438%7.640%
1st payment$362.43$362.43$1,744.17
2nd payment$0.00$1,328.70$0.00
Taxes / mo$27.08$27.08$27.08
Insurance / mo$150.00$150.00$150.00
MI / mo$50.91$50.91$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$590.42$1,919.12$1,971.64
Cash to close$227,295$27,990$27,990