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$91,938$91,938$359,100
Remaining term (yrs)12.612.630.0
Secondary amount$0$267,162$0
Funding fee$0$0$0
Note rate4.820%4.820%7.400%
Blended rate5.670%7.217%7.640%
1st payment$805.50$805.50$2,486.34
2nd payment$0.00$1,725.42$0.00
Taxes / mo$192.92$192.92$192.92
Insurance / mo$150.00$150.00$150.00
MI / mo$108.50$108.50$71.82
HOA / mo$25.00$25.00$25.00
Total monthly$1,281.92$3,007.34$2,926.07
Cash to close$307,062$39,900$39,900