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$125,209$125,209$323,999
Remaining term (yrs)18.818.830.0
Secondary amount$0$198,790$0
Funding fee$0$0$0
Note rate4.080%4.080%7.400%
Blended rate4.930%6.814%7.640%
1st payment$792.44$792.44$2,243.30
2nd payment$0.00$1,325.27$0.00
Taxes / mo$136.67$136.67$136.67
Insurance / mo$150.00$150.00$150.00
MI / mo$116.45$116.45$64.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,195.56$2,520.82$2,594.77
Cash to close$234,790$36,000$36,000