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$208,849$208,849$251,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$43,061$0
Funding fee$0$0$0
Note rate5.100%5.100%7.320%
Blended rate5.950%6.471%7.560%
1st payment$1,215.39$1,215.39$1,730.45
2nd payment$0.00$322.96$0.00
Taxes / mo$127.17$127.17$127.17
Insurance / mo$150.00$150.00$150.00
MI / mo$158.56$158.56$50.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,651.12$1,974.08$2,058.00
Cash to close$71,051$27,990$27,990