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$166,836$166,836$283,500
Remaining term (yrs)22.522.530.0
Secondary amount$0$116,664$0
Funding fee$0$0$0
Note rate4.310%4.310%7.320%
Blended rate5.160%6.329%7.560%
1st payment$962.02$962.02$1,947.45
2nd payment$0.00$777.76$0.00
Taxes / mo$190.75$190.75$190.75
Insurance / mo$150.00$150.00$150.00
MI / mo$137.53$137.53$56.70
HOA / mo$0.00$0.00$0.00
Total monthly$1,440.30$2,218.06$2,344.90
Cash to close$148,164$31,500$31,500