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$155,779$155,779$296,910
Remaining term (yrs)22.322.330.0
Secondary amount$0$141,131$0
Funding fee$0$0$0
Note rate4.630%4.630%7.400%
Blended rate5.480%6.678%7.640%
1st payment$931.73$931.73$2,055.74
2nd payment$0.00$940.87$0.00
Taxes / mo$107.33$107.33$107.33
Insurance / mo$150.00$150.00$150.00
MI / mo$128.29$128.29$59.38
HOA / mo$0.00$0.00$0.00
Total monthly$1,317.35$2,258.22$2,372.46
Cash to close$174,121$32,990$32,990