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$69,333$69,333$399,510
Remaining term (yrs)14.214.230.0
Secondary amount$0$330,177$0
Funding fee$0$0$0
Note rate4.170%4.170%7.400%
Blended rate5.020%7.276%7.640%
1st payment$536.17$536.17$2,766.13
2nd payment$0.00$2,132.39$0.00
Taxes / mo$209.83$209.83$209.83
Insurance / mo$150.00$150.00$150.00
MI / mo$77.94$77.94$79.90
HOA / mo$0.00$0.00$0.00
Total monthly$973.95$3,106.34$3,205.86
Cash to close$374,567$44,390$44,390