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$176,540$176,540$562,410
Remaining term (yrs)17.717.730.0
Secondary amount$0$385,870$0
Funding fee$0$0$0
Note rate4.140%4.140%7.320%
Blended rate4.990%6.884%7.560%
1st payment$1,167.98$1,167.98$3,863.37
2nd payment$0.00$2,492.08$0.00
Taxes / mo$322.25$322.25$322.25
Insurance / mo$166.67$166.67$166.67
MI / mo$170.40$170.40$112.48
HOA / mo$0.00$0.00$0.00
Total monthly$1,827.30$4,319.37$4,464.77
Cash to close$448,360$62,490$62,490