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$186,352$186,352$288,000
Remaining term (yrs)22.822.830.0
Secondary amount$0$101,648$0
Funding fee$0$0$0
Note rate4.060%4.060%7.320%
Blended rate4.910%6.001%7.560%
1st payment$1,042.15$1,042.15$1,978.36
2nd payment$0.00$677.65$0.00
Taxes / mo$435.17$435.17$435.17
Insurance / mo$150.00$150.00$150.00
MI / mo$153.51$153.51$57.60
HOA / mo$137.00$137.00$137.00
Total monthly$1,917.83$2,595.48$2,758.13
Cash to close$133,648$32,000$32,000