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$154,545$154,545$241,200
Remaining term (yrs)22.822.830.0
Secondary amount$0$86,655$0
Funding fee$0$0$0
Note rate4.070%4.070%7.400%
Blended rate4.920%6.386%7.640%
1st payment$865.11$865.11$1,670.02
2nd payment$0.00$649.92$0.00
Taxes / mo$144.83$144.83$144.83
Insurance / mo$150.00$150.00$150.00
MI / mo$127.28$127.28$48.24
HOA / mo$155.00$155.00$155.00
Total monthly$1,442.22$2,092.14$2,168.09
Cash to close$113,455$26,800$26,800