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$135,127$135,127$477,000
Remaining term (yrs)11.611.630.0
Secondary amount$0$341,873$0
Funding fee$0$0$0
Note rate5.650%5.650%7.320%
Blended rate6.500%7.396%7.560%
1st payment$1,313.58$1,313.58$3,276.66
2nd payment$0.00$2,207.93$0.00
Taxes / mo$206.83$206.83$206.83
Insurance / mo$166.67$166.67$166.67
MI / mo$161.19$161.19$95.40
HOA / mo$52.00$52.00$52.00
Total monthly$1,900.27$4,108.19$3,797.56
Cash to close$394,873$53,000$53,000