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$156,107$156,107$553,410
Remaining term (yrs)13.913.930.0
Secondary amount$0$397,303$0
Funding fee$0$0$0
Note rate4.570%4.570%7.320%
Blended rate5.420%7.093%7.560%
1st payment$1,259.65$1,259.65$3,801.54
2nd payment$0.00$2,565.92$0.00
Taxes / mo$259.00$259.00$259.00
Insurance / mo$166.67$166.67$166.67
MI / mo$174.66$174.66$110.68
HOA / mo$0.00$0.00$0.00
Total monthly$1,859.98$4,425.89$4,337.89
Cash to close$458,793$61,490$61,490